Principal Calculator

Use our Principal Calculator to estimate the principal amount based on your EMI, interest rate, and loan tenure.

Principal Calculator
Principal Amount Result

Principal Amount: -

Total Payment: -

Total Interest: -

Frequently Asked Questions (FAQ)

FAQ
  • The principal is the original amount of money you borrow, not including interest or other fees. It is the base amount on which interest is calculated.
  • To calculate the principal amount, we use the formula: Principal = EMI * [(1 + Rate of Interest / 100) ^ Loan Tenure - 1] / (Rate of Interest / 100).
  • When you make payments, they often go first towards paying off the interest because it is calculated on the principal. As the principal reduces, the interest payments also decrease over time.