Loan Calculators Hub
Calculate EMI, loan eligibility, prepayment benefits and more with our comprehensive loan calculator suite
EMI Calculator (Equated Monthly Installment)
Calculate your monthly loan installment amount.
Results
Monthly EMI
₹11,173
Total Interest
₹16,81,520
Total Amount
₹26,81,520
Formula Used
EMI = [P × r × (1 + r)^n] / [(1 + r)^n – 1]
Where:
P = Principal loan amount
r = Monthly interest rate (Annual rate / 12 / 100)
n = Number of months (Years × 12)
Home Loan Calculator
Calculate EMI and total interest for your home loan.
Results
Monthly EMI
₹40,075
Total Interest
₹70,22,500
Total Amount
₹1,20,22,500
Home Loan Benefits
• Principal repayment: Tax deduction up to ₹1.5 lakh under Section 80C
• Interest payment: Tax deduction up to ₹2 lakh under Section 24(b)
• Additional ₹1.5 lakh deduction for first-time home buyers under Section 80EE
Personal Loan Calculator
Calculate EMI for your personal loan requirements.
Results
Monthly EMI
₹11,122
Total Interest
₹1,67,320
Total Amount
₹6,67,320
Personal Loan Features
• Unsecured loan - No collateral required
• Quick approval and disbursal
• Flexible tenure from 1 to 10 years
• Can be used for any personal financial needs
Car Loan Calculator
Calculate EMI and total cost for your car loan.
Results
Loan Amount
₹6,00,000
Monthly EMI
₹9,001
Total Interest
₹1,56,084
Total Cost of Car
₹9,56,084
Car Loan Tips
• Higher down payment reduces EMI burden
• New car loans typically have lower interest rates than used cars
• Consider insurance and maintenance costs
• Compare offers from multiple lenders
Education Loan Calculator
Calculate EMI for your education loan with moratorium period.
Results
Outstanding After Moratorium
₹12,10,000
Monthly EMI
₹12,989
Total Interest
₹1,148,020
Total Amount
₹23,38,020
Education Loan Benefits
• Tax deduction on interest paid under Section 80E
• No upper limit on deduction amount
• Deduction available for 8 years or until fully repaid
• Moratorium period available during course duration
Loan Eligibility Calculator
Calculate how much loan you are eligible for based on your income.
Results
Available EMI
₹25,000
Eligible Loan Amount
₹27,72,946
FOIR Used
50%
Eligibility Factors
• FOIR (Fixed Obligation to Income Ratio) is the key factor
• Higher income increases loan eligibility
• Lower existing EMIs improve eligibility
• Credit score also affects actual approval
Loan Prepayment Calculator
Calculate savings by prepaying your loan early.
Results
Interest Savings
₹8,45,234
New EMI/Tenure
11.2 years
Total Interest Before
₹12,34,567
Total Interest After
₹3,89,333
Prepayment Benefits
• Significant interest savings over loan tenure
• Choose between reducing EMI or tenure
• Reducing tenure saves more interest
• Check for prepayment penalties before making decision
Loan Tenure Calculator
Calculate the time required to repay your loan with given EMI.
Results
Loan Tenure
7.5 years
Total Months
90 months
Total Interest
₹3,50,000
Total Amount
₹13,50,000
Formula Used
n = log(1 + (P × r) / EMI) / log(1 + r)
Where:
n = Number of months
P = Principal loan amount
r = Monthly interest rate
EMI = Monthly installment
