Loan Calculator
Full cost of borrowing, including processing fee and net disbursal.
Your result appears here
Fill in the fields on the left and press Calculate. The answer, the breakdown and a copy button all land in this card.
How it is calculated
Monthly payment = P × r × (1 + r)^n ÷ ((1 + r)^n − 1); Total cost = (payment × n) + fee
The fee is deducted up front, so the cash you actually receive is P − fee.
Worked example
₹3,00,000 at 11% for 3 years is a payment of about ₹9,821 per month. Over 36 months you repay ₹3,53,578, and a 1% fee of ₹3,000 brings the total cost to ₹3,56,578.
Questions people ask
The EMI calculator answers "what is my instalment". This one adds the one-time processing fee and shows what the loan really costs you end to end.
Lenders usually deduct the processing fee, stamp duty or insurance premium from the disbursal, so you receive less than the sanctioned figure while paying interest on the full amount.
Pick a shorter tenure, make part-prepayments when your lender allows them without penalty, or negotiate the rate using a better credit score.