Your regular payment
The estimated amount you repay each month, combining principal and interest.
TROUGH / LOAN PLANNER
Calculate your
loans.
A home. A car. Your next big step. See your monthly payment and the full cost of borrowing, before you make a plan.
Start with your numbersFree to use · No sign-up · Calculated on your device
KNOW WHAT YOU WILL REPAY
What would your EMI be?
Change the numbers to explore your monthly payment and total repayment.
EMI / loan
LOOK BEYOND THE MONTHLY PAYMENT
Three numbers. A clearer decision.
The cost of borrowing
What you pay above the borrowed amount. Try different tenures to see how this changes.
The complete picture
Principal plus interest over the loan term. Fees and other charges are additional.
Understand the estimate.
This calculator models a fixed-rate loan with equal monthly payments on a reducing balance. The monthly rate is the annual rate divided by 12. At zero interest, your EMI is simply the principal divided by the number of monthly payments.
It excludes processing fees, insurance, taxes, prepayments and changes in floating interest rates. Your lender's schedule may differ because of payment dates, rounding and charges. Your inputs stay in your browser.
Does a lower EMI mean a cheaper loan?
Not necessarily. At the same positive interest rate, a longer tenure usually reduces the monthly payment but increases total interest. Compare both numbers.
Can I use this for a home, car or personal loan?
Yes, for an estimate when the loan has equal monthly payments on a reducing balance. Enter the actual amount, rate and tenure you want to explore. It does not model flat-rate interest, moratoriums or changing rates.
Does this include prepayments or lender charges?
No. Extra repayments, processing fees and other charges are not included in this estimate. Compare it with the repayment schedule and terms provided by your lender.
Can I share this calculator?
Use “Copy this calculator link” to share the loans page. The link opens the calculator with its starting assumptions and does not include your amounts.