Runs in your browser. Nothing you type is uploaded. Not financial advice: your lender's schedule and Key Fact Statement decide.

Type of loan

A label for your result and the pre-payment note below. Rates differ by lender, so type your own.

Type it with or without commas, or as "8 lakh" or "1.2 crore".

The yearly rate from your offer or sanction letter. Leave the month empty to start next month.

Tenure in
Interest rate type

The EMI maths is the same. It changes the RBI note on pre-payment charges below. The calculator keeps the rate the same for the whole loan.

Extra payments

Extra payments (optional)

Paying part of the loan early? Add a one-off amount, or one you will pay every year, to see the interest you save.

After an extra payment

Our model: the extra amount is paid with that month's EMI. Ask your lender how it applies a part-payment.

Repayment schedule

Compare up to 3 offers

For the loan amount above. Type each lender's rate, tenure and the fees you pay at the start (processing fee and other charges). The total cost is the interest plus those fees.

Offer A

Offer B

Offer C

Our APR estimate is the yearly rate at which your EMIs equal the amount you actually receive (the loan less the fees), the method RBI's Key Fact Statement example uses. Your lender's Key Fact Statement shows the real APR, with every charge in it.

Planning the money side of your business? The Break-even Calculator shows the sales you need each month to cover costs such as a loan EMI, and the Profit Margin and Markup Calculator checks what each sale leaves you.

Free Loan EMI Calculator. Runs in your browser, no sign-up. Open the full tool on DigitalSnot →