Loan Calculators
Borrowing decisions turn on two numbers that pull in opposite directions: the instalment you pay each month and the interest the loan costs in total. A longer tenure always improves the first and always worsens the second. These calculators show both together, along with the month-by-month schedule that explains why early instalments barely dent the balance.
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All loan calculators
Personal Loan EMI Calculator
Work out the instalment and interest cost on an unsecured personal loan.
Open calculatorLoan Calculator
Instalment and interest for any loan, with the tenure set in months rather than whole years.
Open calculatorLoan Prepayment Calculator
Compare repaying on schedule against paying extra, and see the interest and time it saves.
Open calculatorHome Loan Affordability Calculator
Work backwards from your income to the loan and property budget an instalment would support.
Open calculatorLoan Balance Calculator
Find out how much of a loan is still outstanding part-way through its term, and how much of it you have actually repaid.
Open calculatorLoan Balance Transfer Calculator
Work out whether switching your loan to a lower rate pays for itself, and after how many months.
Open calculatorEducation Loan Calculator
Work out an education loan instalment with the moratorium modelled — including what capitalised interest adds to the debt.
Open calculatorGetting a useful answer
A few things worth knowing before you read too much into any single number these calculators produce.
- 01
The instalment is not the cost of the loan
Stretching a ₹50 lakh loan at 8.5% from 15 to 20 years lowers the instalment by roughly ₹5,850 a month but adds about ₹15.5 lakh in interest. Both numbers are real; only one of them shows up in your monthly budget. Every loan calculator here reports the pair.
- 02
Early instalments are mostly interest
Interest is charged on the balance outstanding, which is at its highest at the start. On a 20-year home loan, the first instalment is typically over 80% interest. That is also why prepaying early saves so much more than prepaying late.
- 03
Prepayment usually beats refinancing small rate gaps
A modest prepayment applied early can save more interest than chasing a quarter-point rate reduction, and it carries no processing fee or paperwork. The prepayment calculator quantifies the saving against your own balance and rate.
- 04
Floating rates move the schedule, not usually the EMI
Most Indian home loans are linked to an external benchmark. When rates rise, lenders normally extend the tenure and leave the instalment alone — so the total interest changes even though nothing visible does. Re-run the numbers after any reset.
Frequently asked questions
Disclaimer
These calculators are provided for general information and planning only, and are not investment, tax or legal advice. Results are estimates based on the assumptions you enter and the methodology described on each page. Market-linked returns are not guaranteed and investments can lose value; lending terms are set by your lender. For advice on your own situation, speak to a qualified professional, several of whom you can consult on Finvestalk.