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 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.Student Loan Repayment CalculatorStudent loan repayment with the grace period modelled. On an unsubsidised loan interest accrues through the grace period and is capitalised, so the balance you start repaying is larger than the amount you borrowed.Student Loan Refinance CalculatorStudent loan refinancing saving. Refinancing a federal loan with a private lender permanently forfeits income-driven repayment, forgiveness eligibility and the deferment protections, and that decision cannot be reversed.Income-Driven Repayment CalculatorIncome-driven repayment with the forgiveness outcome. Where the payment is below the monthly interest the balance grows despite paying, which is the feature people find hardest to accept and which forgiveness is designed to resolve.PSLF Forgiveness CalculatorPublic service loan forgiveness projection. The requirement is 120 qualifying payments, not ten years: a period in the wrong plan or the wrong employment does not count and does not reset, it simply does not accrue.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.APR CalculatorThe APR is the rate that makes the money you actually receive equal the payments you actually make. Fees deducted up front raise it above the quoted rate, sometimes considerably.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.Balloon Payment CalculatorThe lump sum due at the end of a balloon loan. Payments are set as if the loan ran much longer, so most of the principal is still outstanding when it falls due.