Calculators
Plan your loanbefore you apply
Work out EMIs, eligibility and prepayment savings for any loan before you apply.
Set up for a personal loan. Adjust the sliders to match your offer.
Monthly EMI
₹16,369
for 36 months
- Principal
- ₹5,00,000
- Total interest
- ₹89,297
- Total payable
- ₹5,89,297
For illustration only. Your actual EMI depends on the rate and tenure the lender offers you.
Yearly repayment schedule
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | ₹1,48,785 | ₹47,647 | ₹3,51,215 |
| 2 | ₹1,66,003 | ₹30,430 | ₹1,85,212 |
| 3 | ₹1,85,212 | ₹11,220 | ₹0 |
Estimated maximum loan
₹13,79,791
- EMI you can afford
- ₹30,000
- EMI on this amount
- ₹30,000
An estimate assuming lenders allow up to 50% of your net income towards EMIs. Lenders also consider your credit score, employer and other factors.
Interest you save
₹5,166
Loan ends 0 yr 3 mo earlier
- Current EMI
- ₹16,369
- Tenure
- 36 → 33 months
- Interest without prepayment
- ₹89,297
- Interest with prepayment
- ₹84,131
For illustration only. Floating rate home loans to individuals have no prepayment charge; personal and fixed rate loans may charge a fee.
GST rate
Total with GST
₹11,800
- Amount before GST
- ₹10,000
- GST at 18%
- ₹1,800
- CGST (9%) + SGST (9%)
- ₹900 + ₹900
- Total
- ₹11,800
Within a state, GST is split equally into CGST and SGST. Between states, the full amount is charged as IGST.
How the EMI is calculated
EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the tenure in months.