Personal Loan EMI Calculator

Find the EMI and total cost of a personal loan before you apply, so there are no surprises.

About this calculator

Personal loans are unsecured, so rates are higher (usually 11–24%) and tenures shorter (1–7 years). This calculator shows the true cost of borrowing.

Compare the EMI against your monthly budget to avoid over-borrowing.

All calculations happen in your browser — your numbers are never sent anywhere. Results are estimates for guidance only, not financial advice.

Frequently asked questions

Why are personal loan rates high?

They are unsecured — no collateral backs them — so lenders price in more risk.

Can I prepay a personal loan?

Usually yes, though some lenders charge a small foreclosure fee. Prepaying saves interest.

Related calculators