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Money & Calculators
Free online tool
Estimate the monthly payment, total interest and total repayment for a reducing-balance loan.
Calculator results are estimates. Check important financial, tax or market figures against the relevant current official source or professional advice.
Tool workspace
Enter the values you want to calculate, then review the estimate below.
Comparing loan scenarios before discussing the actual terms with a lender.
Use the lender's exact annual rate, tenure and principal, and compare the result with the lender's official amortization schedule.
Processing fees, insurance, taxes, floating rates and lender-specific rounding may change the actual payment.
How to use it
Use the controls above, check the result, then copy or download it when available.
No. It is an estimate based on the inputs and standard EMI mathematics.
Use this tool whenever you need: Comparing loan scenarios before discussing the actual terms with a lender. It offers a fast, client-side workflow without sign-ups, installation or complex software.
Yes. All processing executes locally in your browser using client-side JavaScript. Your inputs, files and calculations remain private and are never uploaded to our servers.
Use the lender's exact annual rate, tenure and principal, and compare the result with the lender's official amortization schedule. Important note: Processing fees, insurance, taxes, floating rates and lender-specific rounding may change the actual payment.
Related
Finance utility
Enter the loan details to see the monthly payment and total interest.
1. Loan details
Enter a loan amount above 0, an interest rate of 0 or more, and a tenure from 1 to 100 years.
Quick loan amount
Start with a common amount, then adjust it above.
Quick tenure
Pick a common repayment period.
2. Your estimate
Monthly EMI
₹20,517
Estimated monthly payment
Total interest
₹2,30,992
Interest over the full tenure
Total payment
₹12,30,992
Principal + interest
Calculated using monthly reducing-balance interest. Estimate only. Lender fees, taxes, insurance, prepayments and repayment rules can change your actual payment.