Loan Calculators

Understand what a loan really costs before you take it. Calculate your monthly EMI, the total interest you'll pay, and how the numbers change with amount, rate, and tenure. More loan tools are on the way.

Available Calculators

EMI Calculator

General EMI + amortization

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Home Loan EMI Calculator

Home-loan amortization

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Car Loan EMI Calculator

Car-loan amortization

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Personal Loan EMI Calculator

Personal-loan amortization

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Amortization Schedule Calculator

Interest & principal breakup

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Home Loan Prepayment Calculator

Interest saved on prepayment

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Loan Balance Transfer Calculator

Savings from switching lenders

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Loan Eligibility Calculator

Borrowing eligibility check

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Loan Affordability Calculator

Affordable loan value

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Loan Guides & Decision Frameworks

Should You Prepay Your Home Loan or Invest?

Compare the math of prepaying 8.5% interest debt vs investing in 12% SIP mutual funds.

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Home Loan Balance Transfer: Is It Worth It?

Calculate if transferring your loan saves money after processing fees and MODT.

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How Much Home Loan Can You Get on Your Salary?

Understand FOIR cap limits and check our salary-to-loan ready reckoner.

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Home Loan EMI: Calculation & Reduction Guide

Learn how the reducing balance formula works and how to lower monthly EMIs.

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Home Loans in India: The Complete Guide

Our anchor guide covering EBLR benchmarks, floating interest, and tax deductions.

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The True Cost of a ₹50 Lakh Home Loan (Study)

A detailed data study showing how tenure, rate, and prepayments alter total payments.

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Is Festive Season a Good Time to Get a Loan?

How to evaluate limited-time bank fee waivers and rate concessions.

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Comparing home loans? See current spreads and processing charges in our review of the best home loan rates in India.

Frequently Asked Questions

How is EMI calculated?

EMIs are calculated using the reducing balance formula: EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where P is the principal loan amount, r is the monthly interest rate (annual rate divided by 12 and 100), and n is the tenure in months.

How can I lower my EMI?

You can lower your EMI by opting for a longer loan tenure (increases total interest cost), negotiating a lower interest rate, transferring your loan balance, or making lump-sum prepayments.

Fixed vs floating interest rate: what's the difference?

Fixed rates stay constant for the loan tenure, protecting you from market hikes but costing more initially. Floating rates vary with RBI repo rates, making them cheaper initially but subject to fluctuation.