Calculator
Enter personal loan details
Adjust loan amount, annual interest rate, and tenure to estimate personal loan EMI.
Rs.
Rs.10000Rs.5000000
%
1 %30 %
Years
1 Years10 Years
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Estimate personal loan EMI, interest cost, and total repayment for unsecured borrowing decisions.
Calculator
Adjust loan amount, annual interest rate, and tenure to estimate personal loan EMI.
Breakdown
Review total interest, repayment amount, and first-year repayment split.
Principal amount
₹5,00,000
75%
Total interest
₹1,67,333
25%
Showing first 12 months of repayment.
| Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹11,122 | ₹6,122 | ₹5,000 | ₹4,93,878 |
| 2 | ₹11,122 | ₹6,183 | ₹4,939 | ₹4,87,694 |
| 3 | ₹11,122 | ₹6,245 | ₹4,877 | ₹4,81,449 |
| 4 | ₹11,122 | ₹6,308 | ₹4,814 | ₹4,75,141 |
| 5 | ₹11,122 | ₹6,371 | ₹4,751 | ₹4,68,771 |
| 6 | ₹11,122 | ₹6,435 | ₹4,688 | ₹4,62,336 |
| 7 | ₹11,122 | ₹6,499 | ₹4,623 | ₹4,55,837 |
| 8 | ₹11,122 | ₹6,564 | ₹4,558 | ₹4,49,273 |
| 9 | ₹11,122 | ₹6,629 | ₹4,493 | ₹4,42,644 |
| 10 | ₹11,122 | ₹6,696 | ₹4,426 | ₹4,35,948 |
| 11 | ₹11,122 | ₹6,763 | ₹4,359 | ₹4,29,185 |
| 12 | ₹11,122 | ₹6,830 | ₹4,292 | ₹4,22,355 |
Formula
Personal loan EMI uses the same standard EMI formula used for fixed monthly installments.
Standard EMI formula
EMI = P x R x (1 + R)^N / ((1 + R)^N - 1)
This calculator reuses the standard Weburcode EMI engine. P is the loan amount, R is the monthly interest rate, and N is the number of monthly installments.
The annual interest rate is divided by 12 and converted into a monthly decimal rate. The amortization table shows how early payments usually carry more interest while later payments reduce more principal.
Guide
Use this calculator to estimate affordability before taking an unsecured loan.
Add the personal loan amount you are considering for planned expenses or consolidation.
Use the annual rate quoted by the lender to estimate monthly repayment.
Compare monthly affordability against total interest before choosing a longer tenure.
It is useful for estimating EMI before applying, comparing lenders, or checking whether a shorter tenure is manageable.
FAQ
Educational answers for common personal loan planning questions.
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