EMI Calculator
Plan before you borrow. Move the sliders to see your monthly EMI, total interest and APR instantly — then apply for the lowest rate with LoanBandhu.
*APR (Annual Percentage Rate) shown here is indicative and includes an estimated one-time processing fee. Your actual APR depends on the lender, your profile and applicable charges. Figures are estimates — your Loan Bandhu confirms exact numbers.
Two numbers that decide what you really pay
Annual Percentage Rate (APR)
The interest rate is only part of the story. APR bundles the interest and one-time costs like processing fees into a single yearly percentage — so two loans at the same interest rate can have very different APRs. Always compare APR, not just the headline rate. Your LoanBandhu consultant breaks this down clearly before you sign.
Loan Tenure
Tenure is how long you take to repay. A longer tenure means a smaller monthly EMI but more total interest; a shorter tenure means a bigger EMI but far less interest overall. The right tenure balances a comfortable EMI with the lowest sensible total cost — we help you find that sweet spot.
Quick loan breakup example
A ₹10,00,000 loan at 10.5% p.a. for 15 years — here's exactly where your money goes.
| Particular | Amount |
|---|---|
| Loan amount (principal) | ₹ 10,00,000 |
| Interest rate | 10.5% p.a. |
| Tenure | 15 years (180 months) |
| Monthly EMI | ₹ 11,054 |
| Total interest payable | ₹ 9,89,720 |
| Total amount payable | ₹ 19,89,720 |
Notice how the total interest is almost equal to the loan itself over a long tenure — which is exactly why getting the lowest ROI matters so much. Even a 1% lower rate can save you lakhs.
Benefits of using an EMI calculator
Plan your budget
Know your exact monthly outgo before you borrow, so the EMI always fits your income.
Compare instantly
Try different amounts, rates and tenures in seconds to find the most comfortable mix.
Save time
No manual maths or guesswork — get accurate figures the moment you move a slider.
See the real cost
Understand total interest and APR up front, with no hidden surprises later.
Borrow with confidence
Walk into the loan fully informed — and negotiate harder for a lower rate.
Decide the right tenure
Balance a low EMI against low total interest and pick the tenure that suits you best.
Your EMI depends on your credit score.
A higher CIBIL score unlocks lower interest rates. Check yours free, understand what's affecting it, and fix it before you borrow — we'll guide you through it.
Check Credit ScoreSteps to apply for a loan
Calculate & enquire
Use this calculator, then submit a quick enquiry with your need.
Talk to your Loan Bandhu
A dedicated Loan Bandhu verifies your details and eligibility.
Submit documents
Share basic KYC, income and property/loan papers — we guide you.
Approval & disbursal
We negotiate the lowest ROI and get your loan disbursed fast.