Calculator
Education loan EMI calculator
Borrow for the degree, deduct the interest. Run the EMI first.
Typical education loans: 10–13% over 5–10 years incl. moratorium. Full interest deductible u/s 80E for 8 years (no cap).
- Monthly EMI₹25,684
- Total interest₹6.57 L
- Total payable₹21.57 L
Hover a bar for that year's principal vs interest split.
Reducing-balance EMI. A 0.5% rate negotiation or yearly prepayment shortens the loan more than it looks — run the numbers before signing.