The quotient that has always been so complex for the common man. It pays to know that the EMI is arrived at with a host of factors such as, the rate of interest, amount of loan required, tenure, mode of reducing balance and so on. But what goes in what proportion is almost impossible to know, unless you have been a loan officer with a credit firm. Therefore, for most of us, the customized calculator below is more than barely ' help'.

Just feed data into the respective sections and click ' Calculate'. This will also help to catch the erring loan officer, the next time he arrives at your door.