Loans calculators
Every loan is the same arithmetic wearing a different name, and the instalment is the least interesting number in it. What changes a decision is the split: how much of each payment clears the debt and how much only pays for the privilege of holding it. These tools show the whole schedule, which is where prepayment stops looking optional.
EMI CalculatorWork out the EMI on any loan, see the full month-by-month schedule, and find out how much of your money goes to interest rather than to the debt.Reverse EMI CalculatorStart from the EMI you can afford and work backwards to the loan it supports. This is the question most borrowers actually have, and most calculators make you guess at it.Loan Tenure CalculatorHow long a loan takes to clear at a given payment. If the payment does not cover the first month's interest, the tool says so rather than returning an impossible number.Loan Interest Rate CalculatorRecover the interest rate a lender is actually charging from the loan amount, the EMI and the term. Useful when a quote gives you a payment but is vague about the rate.Loan Prepayment CalculatorWhat a lump-sum prepayment actually buys you, and which of the two options (keep the EMI and shorten the tenure, or keep the tenure and cut the EMI) saves more.Loan Amortization ScheduleThe full amortisation schedule for a loan. Every instalment split into interest and principal, with the running balance and a downloadable table.Loan Balance Transfer CalculatorWhether moving a loan to a cheaper lender is worth the fees, holding the term constant so the rate is the only variable. Late in a loan there is little interest left to save.Loan Eligibility CalculatorHow much a lender will advance, working backwards from the payment your income supports. The tenure does most of the work, and stretching it buys a larger loan at a large cost in interest.Personal Loan EMI CalculatorEMI on an unsecured personal loan. Rates run well above secured lending, so the total interest on even a short term is substantial, the schedule below shows how much.Education Loan EMI CalculatorEMI on an education loan once repayment begins. Most education loans have a moratorium during study, and interest accruing in that window is handled by the moratorium calculator.Gold Loan CalculatorEMI on a gold loan. Rates sit between secured and unsecured lending and tenures are short, so most of the cost is visible within the first year.Loan Against Property CalculatorEMI on a loan secured against property. Longer tenures and lower rates than an unsecured loan, and the same reducing-balance arithmetic as a mortgage.Business Loan EMI CalculatorEMI on a term business loan, with the schedule you need for a cash-flow projection rather than just the monthly figure.Working Capital Loan CalculatorEMI on a working-capital term loan. Short tenures at commercial rates. The schedule matters more than the monthly figure when you are matching it to a receivables cycle.Overdraft Interest CalculatorOverdraft cost including fees. Fixed fees make short overdrafts far more expensive than the interest rate suggests, and a few days at a flat fee can annualise into triple digits.Flat vs Reducing Interest Rate CalculatorA flat rate charges interest on the original principal for the whole term, whatever you have repaid. This works out what that actually costs as a reducing-balance rate. For an 8% flat loan over five years, 14.13%.Effective Annual Rate CalculatorThe one number that makes two differently-compounded rates comparable. This is the whole content of the APR-versus-APY question.Extra Payment CalculatorWhat paying a little more each month actually buys you. On a 20-year home loan an extra ₹5,000 clears it more than four years early and saves close to ₹14 lakh in interest.Interest-Only Loan CalculatorAn interest-only loan and the payment jump when principal starts. The balance does not fall by a rupee during the interest-only period, which is the whole risk.Loan Late Fee & Penal Interest CalculatorPenal interest on an overdue amount. Indian regulation requires penal charges on loans to be levied as flat charges rather than capitalised into the rate, which changes how they accumulate.Moratorium Interest Impact CalculatorWhat an interest-only holiday actually costs. Unpaid moratorium interest is added to the loan, so repayment starts on a larger balance than the amount that was disbursed.Loan Foreclosure Charges CalculatorWhat closing a loan early costs against what it saves. On a floating-rate loan to an individual, Indian regulation prohibits a foreclosure charge at all, which makes the comparison one-sided.EMI in Advance vs Arrears CalculatorPaying at the start of the month against the end. Advance payments are lower because each one has an extra month to work, which is the annuity-due convention.