Personal Loan EMI Calculator
Estimate the equated monthly instalment, total interest and outstanding balance on a Personal Loan.
5,00,000
13.00
5
Monthly EMI
₹11,377
Total interest payable
₹1,82,592
Total amount payable
₹6,82,592
| Year | Principal paid | Interest paid | Outstanding |
|---|---|---|---|
| Year 1 | ₹75,937 | ₹60,581 | ₹4,24,063 |
| Year 2 | ₹86,419 | ₹50,099 | ₹3,37,643 |
| Year 3 | ₹98,348 | ₹38,170 | ₹2,39,295 |
| Year 4 | ₹1,11,923 | ₹24,595 | ₹1,27,372 |
| Year 5 | ₹1,27,372 | ₹9,146 | ₹0 |
// about this calculator
Personal loans are unsecured short-tenor debts priced between 10–18% p.a. The shorter tenor keeps total interest lower than a home loan even though the rate is higher — use the calculator to find the EMI you can comfortably service.
// frequently asked questions
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is principal, r is monthly interest rate (annual ÷ 12 ÷ 100), and n is number of months.