Loan Calculator
Plan your loan repayment. Enter the amount, interest rate, and tenure to estimate your EMI, total interest, and total repayment.
EMI
₹13,281
Total Interest
₹3,15,600
Total Repayment
₹11,15,600
Based on the reducing-balance method. Fees, charges, and processing costs may differ.
How it is calculated
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1)
P is the loan principal, r is the monthly rate (annual rate ÷ 12), and n is the tenure in months. The same reducing-balance engine powers the EMI calculator.
Example
A loan of ₹8,00,000 at 10% annual interest for 7 years works out to an estimated EMI of about ₹13,019 per month, with total repayment of roughly ₹10.9 lakh.
Important notes
- Estimate only — confirm exact terms with your lender.
- Fees, insurance, and charges are excluded.
Frequently asked questions
What does a loan calculator show?
It estimates your monthly EMI, the total interest payable, and the total amount you would repay over the loan tenure.
Is this the same as the EMI calculator?
Yes — both use the same reducing-balance EMI formula. The loan calculator packages it for loan planning.
Does it include processing fees?
No. It covers only principal and interest. Lenders may charge processing fees, insurance, and other costs separately.
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CashBloom provides educational information and calculator estimates for general informational purposes. Results may differ from actual rates, taxes, fees, bank calculations or investment outcomes. Verify current information from official sources before making financial decisions.