Calculator
Personal loan EMI calculator
Personal-loan EMI, interest and total payment.
≈ ₹5.00 L
- Monthly EMI
- ₹16,607
- Total interest
- ₹97,858
- Total payment
- ₹5,97,858
- Principal ₹5,00,000(84%)
- Interest ₹97,858(16%)
Year-by-year schedule
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | ₹1,47,208 | ₹52,078 | ₹3,52,792 |
| 2 | ₹1,65,877 | ₹33,408 | ₹1,86,915 |
| 3 | ₹1,86,915 | ₹12,371 | ₹0 |
Read this before you act on the number
- 10 Things to Keep in Mind While Taking a Loan
Ten checks before signing any loan: interest rates, hidden charges, prepayment penalties, terms and conditions, loan scams, comparisons, and the RBI rules that
- Rs 50K Credit Card Debt: Balance Transfer vs Loan
Escaping Rs 50,000 of credit card debt: how balance transfers, personal loans and EMI conversion really compare on cost, tenure and credit score damage.
Maths: Reducing-balance EMI. Rate is an editable starting point — verify against the lender's current rate card. Verify rates against the lender's or fund's current card before acting.
Questions about this calculator
- How does the Personal loan EMI calculator work?
- Reducing-balance EMI. Rate is an editable starting point — verify against the lender's current rate card. The result is an estimate in Indian rupees, not a quote from any lender, bank or fund.
- Are the default rates current?
- No. Defaults are illustrative starting points. Verify the current rate against the lender's or fund's latest rate card before making a decision.
- Is the Personal loan EMI calculator free to use?
- Yes. It runs in your browser, with no login and no inputs sent to a server.