Loan Calculator
EMI, Interest & Amortization

See the True Cost

The interest rate on paper doesn't tell the whole story. A 10% loan on ₹50 lakhs for 20 years costs you nearly ₹65 lakhs in interest alone — more than the original loan. Knowing this upfront changes how you negotiate.

Compare Loan Options

Bank A offers 8.5%, Bank B offers 9%. Doesn't sound like much. But on a 15-year home loan, that difference can mean lakhs of rupees. Run both scenarios in seconds.

Choose the Right Tenure

A shorter tenure means higher EMI but much less interest paid. A longer tenure means lower EMI but you pay for it in interest. This tool shows you exactly what each option costs.

Plan Prepayments Smartly

Paying even a small extra amount in the early years of a loan can save a disproportionately large amount of interest. See your amortization table to know when prepayment matters most.

Budget Accurately

Knowing your exact EMI before you apply means you can check whether it fits your monthly budget — before you're committed to paying it for 20 years.

Negotiate from Knowledge

When you walk into a bank knowing your numbers, you negotiate better. You can question processing fees, request a rate reduction, or ask about prepayment penalties from an informed position.

The most common use. Calculate your monthly mortgage payment, see how much interest you'll pay over 15–30 years, and decide between different rate offers from banks.

Figure out your monthly car payment before you visit the dealership. Knowing your number means you can't be sold into a longer tenure that costs more in the end.

Personal loans tend to have higher interest rates. This calculator makes the total cost very visible, which is useful before deciding whether a personal loan is the right choice.

Plan your student loan repayment before you graduate. Understand what monthly payment you'll need to make once the moratorium period ends.

Calculate the monthly repayment on a business loan and check whether your expected revenue covers it comfortably before committing.

LAP loans are typically larger and longer. A small difference in rate makes a massive difference over 10–15 years — this calculator quantifies it exactly.