Personal Loan EMI Calculator

Calculate your personal loan EMI and total cost with fees

Enter Loan Details

₹50K₹50L
10%24%
1 Year5 Years
0%5%

Fee Amount: ₹10.00 K

Monthly EMI

₹16.61 K

Per month for 3 years

Loan Amount

₹5.00 L

Principal borrowed

Total Interest

₹97.86 K

@ 12% interest

Total Cost

₹6.08 L

Principal + Interest + Fee

Total Cost Breakdown

Principal Amount
₹5.00 L
Total Interest
₹97.86 K
Processing Fee
₹10.00 K

Principal vs Interest Over Time

Year-wise Repayment Schedule

YearPrincipalInterestTotal PaidBalance
0₹0₹0₹0₹5.00 L
1₹1.47 L₹52.08 K₹1.99 L₹3.53 L
2₹1.66 L₹33.41 K₹3.99 L₹1.87 L
3₹1.87 L₹12.37 K₹5.98 L₹7

About Personal Loan Calculator

A personal loan calculator helps estimate monthly EMI payments for unsecured loans. Personal loans are versatile - used for medical emergencies, weddings, education, debt consolidation, or any personal need without collateral.

Key factors: Interest rates vary (10-24%) based on credit score, income stability, and employment type. Higher credit scores get better rates.Hidden costs: Processing fees (1-3%), prepayment charges, and GST on fees add to the total cost. Compare APR (Annual Percentage Rate) across lenders, not just interest rates. Maintain good CIBIL score (750+) for best rates.