Loan Repayment Calculator

See the full amount you will repay on a personal loan, how your balance falls each month, and how much you could save by paying it off early.

Free to use, no sign-upReducing-balance methodUsing the calculator does not affect your credit score
₹
₹10,000₹5,00,000
%
8%36%

Use the rate in your loan offer or Key Fact Statement.

months
3 months60 months
₹1

For every ₹1 you borrow, you repay

₹1.25

Loan closes in

Oct 2029

Total repayment
₹3,74,386
Principal: ₹3,00,000
Interest: ₹74,386
Principal₹3,00,000
Total interest₹74,386
Monthly EMI₹10,400
Loan closes inOct 2029
Check my loan offers

Using this calculator does not affect your credit score.

Plan your repayment

These tools use the loan you entered above.

Early on, most of each EMI goes to interest. Watch the principal share grow as your balance falls.

After 12 EMIs you will have paid ₹1,24,795, but your balance will have fallen by only ₹85,516.
MonthEMIInterestPrincipalBalance
1₹10,400₹3,750₹6,650₹2,93,350
2₹10,400₹3,667₹6,733₹2,86,618
3₹10,400₹3,583₹6,817₹2,79,801
4₹10,400₹3,498₹6,902₹2,72,899
5₹10,400₹3,411₹6,988₹2,65,910
6₹10,400₹3,324₹7,076₹2,58,835
7₹10,400₹3,235₹7,164₹2,51,670
8₹10,400₹3,146₹7,254₹2,44,417
9₹10,400₹3,055₹7,344₹2,37,072
10₹10,400₹2,963₹7,436₹2,29,636
11₹10,400₹2,870₹7,529₹2,22,107
12₹10,400₹2,776₹7,623₹2,14,484
13₹10,400₹2,681₹7,719₹2,06,765
14₹10,400₹2,585₹7,815₹1,98,950
15₹10,400₹2,487₹7,913₹1,91,037
16₹10,400₹2,388₹8,012₹1,83,026
17₹10,400₹2,288₹8,112₹1,74,914
18₹10,400₹2,186₹8,213₹1,66,701
19₹10,400₹2,084₹8,316₹1,58,385
20₹10,400₹1,980₹8,420₹1,49,965
21₹10,400₹1,875₹8,525₹1,41,440
22₹10,400₹1,768₹8,632₹1,32,809
23₹10,400₹1,660₹8,739₹1,24,069
24₹10,400₹1,551₹8,849₹1,15,220
25₹10,400₹1,440₹8,959₹1,06,261
26₹10,400₹1,328₹9,071₹97,190
27₹10,400₹1,215₹9,185₹88,005
28₹10,400₹1,100₹9,300₹78,705
29₹10,400₹984₹9,416₹69,290
30₹10,400₹866₹9,533₹59,756
31₹10,400₹747₹9,653₹50,104
32₹10,400₹626₹9,773₹40,330
33₹10,400₹504₹9,895₹30,435
34₹10,400₹380₹10,019₹20,416
35₹10,400₹255₹10,144₹10,271
36₹10,400₹128₹10,271₹0

What is loan repayment?

Loan repayment is everything you pay back on a loan: the amount you borrowed (the principal) plus the interest charged on it. On most personal loans you repay through equal monthly instalments (EMIs) until the balance reaches zero.

Your total repayment is often much larger than the EMI makes it feel. A ₹3,00,000 loan at 15% a year over 36 months has an EMI of about ₹10,400, but you repay about ₹3,74,386 in all. That is ₹74,386 in interest.

Your balance also falls more slowly than your payments suggest, because each month's interest is paid first. On that same loan, your first 12 EMIs add up to about ₹1,24,795, yet your balance falls by only about ₹85,516. The other ₹39,279 goes to interest. This is why paying extra early in the loan saves the most.

How to use the loan repayment calculator

1

Enter your loan details

Enter your loan amount, interest rate and tenure. Use figures from your offer if you have one.

2

Read your total repayment

The panel shows how much you will repay in all, how much of it is interest, and when the loan closes.

3

Check the schedule

See your balance month by month, or year by year with principal and interest splits.

4

Test an early payment

Try a one-time part-payment or a small extra amount each month to see how much interest you could save.

How total repayment is calculated

The calculator uses the reducing-balance method: each month's interest is charged only on the balance you still owe. Total repayment = EMI × n Total interest = Total repayment − P where EMI = P × r × (1 + r)ⁿ ÷ [(1 + r)ⁿ − 1] Balance after k EMIs = P × (1 + r)ᵏ − EMI × [(1 + r)ᵏ − 1] ÷ r P: loan amount · r: monthly interest rate (annual rate ÷ 12 ÷ 100) · n: tenure in months · k: number of EMIs paid so far

P = loan amount · r = monthly interest rate (annual rate ÷ 12 ÷ 100) · n = tenure in months · k = number of EMIs paid so far
Worked example (illustrative)
Worked example (illustrative): a ₹3,00,000 loan at 15% a year for 36 months. 1. r = 15 ÷ 12 ÷ 100 = 0.0125 2. EMI ≈ ₹10,400 3. Total repayment ≈ ₹10,399.60 × 36 = ₹3,74,386, of which ₹74,386 is interest 4. Balance after 12 EMIs ≈ ₹2,14,484 Not included in the total: processing fees, GST on fees, late-payment charges, part-payment or foreclosure charges, and optional insurance.

What affects how much you repay

Small differences in terms can significantly alter your total loan cost.

Interest rate

It applies to your balance every month, so small differences add up. On a ₹3,00,000, 36-month loan, 14% instead of 15% cuts total interest by ₹5,267.

Tenure

A longer tenure lowers the EMI but raises the total repayment. 15% costs ₹49,104 interest over 24 months, ₹74,386 over 36 months and ₹1,00,763 over 48 months.

Part-payments

Money paid early cuts interest for every month that follows. A ₹50,000 part-payment after 12th EMI saves about ₹15,170 if you reduce tenure, or ₹8,184 if you lower EMI.

Paying a little extra

Adding ₹2,000 to every EMI from the start closes the loan in 29 months instead of 36 and saves about ₹14,898 in interest.

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Frequently Asked Questions

Disclaimer: Results are illustrative and based on the inputs you provide. They exclude fees, taxes and other charges. Actual interest rates, fees, pre-payment terms and loan approval depend on the lender's credit assessment and loan agreement.

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