Which loan calculator should I use first?

Use the EMI Calculator for a generic loan payment estimate. Use Home Loan Calculator for property value, down payment, and loan-to-value ratio. Use Home Loan Eligibility Calculator if you want to estimate eligible loan amount from income. Use Loan Pre-payment Calculator when you already have a loan and want to test extra payments.

How is EMI calculated?

EMI is calculated using P x r x (1 + r)^n / ((1 + r)^n - 1), where P is loan principal, r is monthly interest rate, and n is total number of monthly installments.

What is an EMI repayment schedule?

An EMI repayment schedule shows each monthly payment split into principal and interest, plus the remaining loan balance after every installment. It is also called an amortization table.

Does loan eligibility guarantee approval?

No. Eligibility calculators are estimates only. Actual approval can depend on lender policy, credit score, income proof, property checks, employment profile, existing obligations, and documentation.

Loan calculators India

Loan Calculators for EMI, Eligibility, and Prepayment Planning

Estimate EMI, total interest, loan repayment schedule, home loan eligibility, down payment impact, prepayment savings, and loan-specific repayment costs. Results are planning estimates, not lender approval.

Start EMI Calculator Check home loan eligibility

Choose the Right Loan Tool

Pick the calculator that matches your borrowing question.

EMI

EMI Calculator

Calculate loan EMI, total interest, total payment, EMI repayment schedule, and principal-interest breakup.

Best for: A quick loan payment estimate for any standard loan.

HOME

Home Loan Calculator

Calculate home loan EMI from property value, down payment, loan-to-value ratio, tenure, and prepayment.

Best for: Planning property budget, down payment, and housing loan EMI.

ELIG

Home Loan Eligibility Calculator

Estimate home loan eligibility from monthly salary, existing EMIs, tenure, rate, and EMI-to-income ratio.

Best for: Checking how much loan your income may support.

PRE

Loan Pre-payment Calculator

Calculate loan prepayment savings, part payment benefit, and tenure reduction from extra principal payments.

Best for: Testing whether extra principal payment is worth it.

PERS

Personal Loan Calculator

Calculate personal loan EMI, processing fee, amount received, total cost, and repayment schedule.

Best for: Comparing unsecured loan cost before borrowing.

CAR

Car Loan Calculator

Calculate car loan EMI from vehicle price, down payment, exchange value, fees, and tenure.

Best for: Planning vehicle finance and upfront cash outflow.

EDU

Education Loan Calculator

Calculate education loan EMI with study period interest, repayment principal, total interest, and schedule.

Best for: Understanding study-period interest and repayment EMI.

Interest-Free Home Loan Calculator

Compare interest-free home loan installments against normal home loan EMI and interest cost.

Best for: Checking builder or family-assisted interest-free payment plans.

EMI Formula and Repayment Schedule

Standard EMI calculators assume a fixed interest rate and equal monthly installments over the repayment tenure.

Monthly rate

Annual interest / 12 / 100

Tenure

Years x 12 + extra months

EMI

P x r x (1 + r)^n / ((1 + r)^n - 1)

Popular Loan Guides

EMI calculator with repayment schedule

Understand EMI formula, principal-interest breakup, total interest, and loan repayment schedule.

Home loan EMI, down payment, and loan-to-value

Learn how property value, down payment, loan-to-value ratio, prepayment, and tenure affect home loan EMI.

Home loan eligibility from salary

See how monthly income, current EMIs, eligible EMI percent, rate, and tenure shape eligibility.

Loan prepayment interest and tenure savings

Compare interest saved and months saved from extra principal payments.

Salary and Loan Planning

Loan affordability depends heavily on monthly take-home pay and existing obligations. Estimate salary first if you are unsure which income number to use.

India CTC to In-Hand Salary Calculator EMI Affordability Calculator

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Disclaimer

Loan calculator results are estimates for general informational and educational purposes only. They do not guarantee loan approval, final EMI, interest rate, tenure, fees, or lender terms. Confirm all details with your bank or lender before borrowing.