Explore EMI, fees, amount received, total interest and repayment scenarios for a personal loan.
Go beyond EMI. See how much cash you actually receive, what fees add to the borrowing cost, how interest changes with the rate, and how tenure affects your repayment.
| Rate | EMI | Interest | Total |
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Longer tenure can reduce the monthly EMI while increasing total interest.
With your selected extra payments, the loan finishes in 5y.
You could save approximately 0 months / ₹0 compared with the base schedule.
| Year | Paid | Principal | Interest | Balance |
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This calculator separates the loan into four useful questions: how much is sanctioned, how much cash you receive after upfront charges, how much you repay through EMIs, and how much the borrowing costs over time.
That makes it different from a simple EMI calculator, which mainly answers the monthly-payment question.
For a zero-interest scenario, EMI is principal divided by the number of months.
If the processing fee is 2%, ₹10,000 is deducted upfront, so the cash received is ₹4,90,000. The EMI and total interest are then calculated from the sanctioned ₹5,00,000 loan amount.
A lower rate can reduce both the EMI and total interest. A longer tenure can reduce the monthly EMI but generally spreads interest over more months. Use the comparison panels above to see the numerical effect for your inputs.
No. EMI is the scheduled monthly payment. Borrowing cost can also include interest, processing fees, insurance or other upfront charges.
It is the sanctioned loan amount minus the upfront processing fee and any other upfront cost entered in the calculator.
When the balance remains outstanding for more months, interest can accumulate over a longer period even though the monthly EMI may be lower.
No. It is a calculation tool. Approval, interest rate, fees and other terms depend on the lender and borrower profile.
Enter a planned one-time prepayment and the month in which you expect to make it. The calculator then estimates the shortened schedule and interest saving under that simplified assumption.