Financial Planning Tool

Education Loan EMI Calculator

Plan your education loan repayment with our easy-to-use EMI calculator. Get instant calculations for your monthly installments.

CALCULATE NOW

Education Loan EMI Calculator

Use our EMI calculator to estimate your monthly loan repayment amount. Simply enter your loan amount, interest rate, and tenure to get instant results.

₹10K ₹1.5 Cr
1% 20%
1 Year 20 Years
RESULTS

Your Loan Summary

Monthly EMI

₹12,748

Principal Amount ₹10,00,000
Total Interest ₹5,29,760
Total Amount Payable ₹15,29,760
UNDERSTANDING EMI

How EMI Calculation Works

EMI Formula

EMI is calculated using the following formula:

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

Where:

  • P = Principal loan amount
  • R = Monthly interest rate (Annual Rate/12/100)
  • N = Loan tenure in months
BENEFITS

Why Use Our EMI Calculator

Instant Results

Get accurate EMI calculations instantly without any complex manual calculations.

Plan Better

Compare different loan scenarios to find the most suitable repayment plan for your budget.

Make Informed Decisions

Understand the total cost of your loan including interest to make better financial decisions.

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