Loan Amount
Minimum amount is ₹100
Minimum interest is 1%
Yr
Mn
Minimum time period is 1 year/month
₹
100000
₹
100000
₹
100000
₹
100000
Loan Amortisation Chart
Click on "Refresh Table" to update the table using current values
Women get loans at a lesser interest rate compared to men!
Managing personal loans can be straightforward with the right tools. Our Personal Loan EMI Calculator is designed to help you understand your monthly payments, ensuring you can plan your finances effectively. Whether you’re considering a new loan or managing an existing one, our calculators are here to assist.
Our Personal Loan Calculator allows you to quickly determine your Equated Monthly Installment (EMI). By entering your loan amount, interest rate, and tenure, you can instantly see your monthly payment. This tool is perfect for those who want to manage their loan repayments with ease.
Convenience: Avoid the hassle of manual calculations and get instant results with our online tool.
With our suite of personal loan calculators, you can take control of your financial future. Use our tools to calculate your EMI, understand your interest payments, and determine your loan eligibility. Start planning today with our Personal Loan EMI Calculator and make informed decisions about your loans.
There’s a formula that Lxme uses to calculate the EMI for Home Loan. First, we determine:
Monthly interest rate ( r) = Yearly Interest Rate/12
No. of Payments (t) = Time period in years *12
EMI Formula = (P*r*(1+r)^t)/((1+r)^t-1)
Let’s take an example to understand EMI calculations better: Anita takes a ₹45 Lakhs Home loan for 20 years time period at a rate of interest of 9%p.a., then her monthly EMI would be ₹40,488 and in this loan tenure of 20 years, she’ll pay a total principal amount of ₹45,00,000 and total interest of ₹52,17,040. Her total amount paid for the loan in 20 years timeline would be ₹97,17,040. Similarly, you can add your inputs in the calculator and plan your EMIs.
The Personal Loan EMI Calculator works by taking your loan amount, interest rate, and loan tenure to calculate your monthly payment. This helps you plan your budget and manage your finances effectively.
The Personal Loan Calculator helps you determine your monthly payments, while the Loan Interest Calculator focuses on calculating the total interest you’ll pay over the life of the loan.
Yes, our Personal Loan Calculator India is designed to provide accurate calculations for loans from any bank in India, helping you understand your financial commitments better.
The Personal Loan Eligibility Calculator helps you determine your eligibility for a loan based on your income, expenses, and credit profile. Simply enter your details to get an instant assessment.
The Personal Loan Percentage Calculator shows you the percentage of your loan amount that will go towards interest payments, helping you understand the cost of borrowing.
The Personal Loan Interest Rate Calculation helps you see how different interest rates impact your monthly payments and total interest paid, allowing you to choose the best loan terms.
The Personal Loan Repayment Calculator helps you plan your repayment schedule, showing you how different repayment options affect your monthly payments and overall loan cost.
Yes, the Personal Loan Payment Calculator is another term for the EMI calculator, helping you determine your monthly loan payments.
