Personal Loan EMI Calculator
Find the monthly EMI, total interest and total repayment on a personal loan at any rate and tenure.
Enter values to see the result.
About the Personal Loan EMI Calculator
Personal loans are unsecured and usually carry higher interest rates than home or car loans, so knowing the true monthly cost matters. This calculator shows your EMI, the total interest, and the total amount you'll repay for any loan amount, rate and tenure.
How to use it
- Enter the personal-loan amount you need.
- Enter the interest rate offered (personal-loan rates are typically 11-24%).
- Set the tenure in years.
- Read your monthly EMI, total interest and total repayment.
Borrowers consolidating debt, funding a wedding, or covering an emergency use this to check affordability and compare lenders before borrowing. The calculation stays in your browser, so your details remain private.
Frequently asked questions
Why are personal-loan rates so high?
Personal loans are unsecured — there's no collateral for the lender to fall back on — so rates are higher than secured loans like home or car loans, typically 11-24% a year.
Can I prepay a personal loan?
Most lenders allow prepayment after a lock-in, sometimes with a small charge. Prepaying reduces your total interest — use our Loan Prepayment Calculator to see the savings.
What tenure should I pick?
Shorter tenures mean higher EMIs but far less total interest. Because personal-loan rates are high, keeping the tenure short usually saves the most money.
Is my information private?
Yes. Everything is computed locally in your browser and nothing is uploaded.