Plan the EMI, understand the interest, and see how to finish the loan earlier.

Calculate monthly EMI, total interest, repayment schedule, prepayment savings and alternative loan scenarios for home, car, personal and education loans.

✓ EMI and total repayment✓ Full schedule✓ Prepayment impact✓ Branded downloads

Loan planning workspace

Enter the loan details and compare repayment strategies.

Calculated locally

Loan details

Choose a preset or enter custom values

Currency

Loan amount

Annual interest rate %

Tenure

Tenure unit

Repayment start

Processing fee

Insurance / charges

Interest type

Interest-rate slider: 8.50%

Prepayment strategy

Optional extra-payment planning

Extra amount every month

One-time prepayment

Apply lump sum after month

Annual EMI step-up %

Prepayment charge %

Goal

Include fees in total cost Show yearly schedule

Monthly EMI₹0Starting monthly payment

Total interest₹0Across the actual tenure

Total repayment₹0Principal, interest and selected fees

Interest share

0Actual months

—Estimated payoff

₹0First-month interest

₹0Interest saved

0Months saved

₹0Effective loan cost

₹0Fees and charges

Outstanding balance over time

Scenario comparison

Repayment schedule

Period	Opening balance	EMI	Principal	Interest	Extra	Closing balance

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EMI explained clearly

Monthly affordability is only one part of the loan decision.

The EMI determines monthly outflow, while total interest, fees, tenure and prepayment flexibility determine the overall cost.

Reducing-balance EMI

EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1)

P is principal, r is monthly rate and n is payment count.

Prepayment impact

Extra payments reduce principal, so early prepayments generally save more interest than equally sized payments made later.