Loan EMI, prepayment & refinance tools
Debt decisions hinge on EMI affordability, interest cost and prepayment strategy. Start with an EMI estimate, then stress-test prepayments and refinance breakpoints.
Calculators
EMI Calculator
Generic reducing-balance EMI
Home Loan EMI
Defaults tuned for longer tenures
Personal Loan EMI
Shorter tenure, higher rate defaults
Car Loan EMI
Auto loan EMI estimate
Education Loan EMI
Study loan EMI with typical tenure defaults
Loan Affordability
How much loan income can support
Loan Prepayment
Lump-sum prepay & EMI step-up
Refinance Analyzer
Switching cost vs interest saved
Rent vs Buy
Housing opportunity-cost view
Guides
- How EMI works — Reducing-balance EMI, interest vs principal split, and why tenure changes total cost.
- Loan prepayment strategies — Tenure cut vs EMI cut, lump-sum timing, and questions to ask before prepaying.
- How much home loan can I afford? — Estimate loan size from income, existing EMIs and a FOIR-style EMI cap—then compare with the EMI for the property you want.
- Home loan tenure: EMI vs total interest — Why a longer home-loan tenure lowers EMI but usually raises lifetime interest—and how to compare 20 vs 25 years honestly.
Example scenarios & decision tools
₹50 lakh home loan for 20 years
See monthly EMI, total interest and total payment for a common home-loan size, then open the live calculator.
Decision tool
₹75 lakh home loan for 25 years
Longer-tenure housing loan illustration showing how stretching tenure lowers EMI but raises lifetime interest.
Decision tool
Can I afford a ₹75 lakh home loan?
Illustrate whether a ₹75 lakh home loan fits under a FOIR-style EMI cap for sample income, then open the live affordability and EMI calculators with the same assumptions.
Decision tool
Can I afford a ₹50 lakh home loan?
Check whether a ₹50 lakh loan fits a sample income under a FOIR-style cap, then customise in the live tools.
₹5 lakh personal loan for 4 years
Shorter-tenure, higher-rate personal loan EMI and total interest illustration.
Key terms
FAQs
Does a lower EMI always mean a cheaper loan?
Not necessarily. Stretching tenure lowers EMI but usually raises total interest. Compare total interest and your cash-flow buffer.
Should I prepay or invest?
It depends on loan rate, tax benefits (if any), expected investment returns and emergency reserves. Run prepayment scenarios first, then decide with your full balance sheet.
Explore related topics
Sources & methodology
- Calculator Methodology
- Editorial Policy
- Official scheme / tax portals — verify current rates and rules before acting
Always verify current rates, slabs and scheme rules on official portals. Calculator outputs are illustrative estimates.
Illustrative content from Aaru Wealth. Not personalised financial advice.