Moratorium EMI Calculator

Finance

Calculate EMI with moratorium period (payment holiday). First M months interest-only or accumulated; remaining N months normal EMI. Formula: EMI = (P[(1+r)^n - (1+r)^m] × r) / ([(1+r)^n - 1])

Formula

EMI = (P × r × (1+r)^n) / ((1+r)^n - 1), adjusted for moratorium

$100k, 8% APR, 60mo, 12mo moratorium

Inputs
  • Principal Amount: 100000
  • Annual Rate (%): 8
  • Total Tenure (months): 60
  • Moratorium Period (months): 12

48 EMIs after 12-month pause

Frequently asked questions

What's moratorium?
Payment holiday period; interest may accrue or be paid separately