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Personal Loan Calculator

Estimate your monthly EMI with or without interest-only periods. Get a clear repayment schedule, graph, and detailed breakdown for smarter planning.

How It Works

We calculate your EMI using standard amortization formulas. If you choose an interest-only period, you'll first pay only interest, then begin paying principal + interest after that period.

The repayment schedules below show both annual and monthly breakdowns, helping you plan effectively.

What is an interest-only period?

During an interest-only period, you pay only the interest on the loan. Principal repayment begins later, increasing EMIs afterward.

How is EMI calculated after interest-only period?

We use the standard loan EMI formula, recalculating based on remaining tenure and outstanding principal after the interest-only phase.

Is this calculator accurate?

This calculator uses standard formulas and assumptions. Your lender's exact terms may differ slightly.