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Loan EMI planner

Education Loan EMI Calculator

Estimate education loan EMI and plan repayment for tuition, living costs and other study expenses.

Plan with confidence

Calculate your monthly EMI

Adjust the loan details to compare monthly repayments and the total cost of borrowing.

Loan details

Configure loan parameters

₹15,00,000
₹1,00,000₹2,00,00,000
10.5%
7%18%
120 months
60 mo180 mo

Presets

Your Fixed Monthly EMI

₹20,240

Explore Education Loan Options

Loan summary

Proportional Breakdown

Principal Investment

₹15,00,000

62%

Interest Surcharge

₹9,28,830

38%

Total Cumulative Payment

₹24,28,830

Principal Interest Split
Loan planning guide

About this education loan EMI calculator

This education loan EMI calculator helps students and families estimate repayments for tuition, accommodation, books and other eligible study costs. Use it to build a realistic repayment plan around the expected loan amount and tenure.

How to use the calculator

  1. Set the amount you plan to borrow.
  2. Enter the annual interest rate offered or expected.
  3. Choose a repayment tenure to see the estimated EMI, total interest and schedule.
Common questions

Education Loan EMI calculator FAQs

When does education loan EMI usually begin?

Repayment timing depends on the lender and loan terms. Many education loans include a study-period or moratorium arrangement, so confirm the exact schedule with the lender.

Can I use the calculator for overseas education costs?

Yes. Enter the rupee loan amount, annual interest rate and planned repayment tenure to estimate the EMI.

Repayment schedule

Amortization schedule

Detailed month-on-month principal and interest allocation breakdown.

TimelineExpected EMIPrincipal ClearedInterest AccruedOutstanding Balance
Month 1₹20,240₹7,115₹13,125₹14,92,885
Month 2₹20,240₹7,178₹13,063₹14,85,707
Month 3₹20,240₹7,240₹13,000₹14,78,467
Month 4₹20,240₹7,304₹12,937₹14,71,163
Month 5₹20,240₹7,368₹12,873₹14,63,796
Month 6₹20,240₹7,432₹12,808₹14,56,364
Month 7₹20,240₹7,497₹12,743₹14,48,867
Month 8₹20,240₹7,563₹12,678₹14,41,304
Month 9₹20,240₹7,629₹12,611₹14,33,675
Month 10₹20,240₹7,696₹12,545₹14,25,979
Month 11₹20,240₹7,763₹12,477₹14,18,217
Month 12₹20,240₹7,831₹12,409₹14,10,386
Month 13₹20,240₹7,899₹12,341₹14,02,486
Month 14₹20,240₹7,968₹12,272₹13,94,518
Month 15₹20,240₹8,038₹12,202₹13,86,480
Month 16₹20,240₹8,109₹12,132₹13,78,371
Month 17₹20,240₹8,180₹12,061₹13,70,192
Month 18₹20,240₹8,251₹11,989₹13,61,940
Month 19₹20,240₹8,323₹11,917₹13,53,617
Month 20₹20,240₹8,396₹11,844₹13,45,221
Month 21₹20,240₹8,470₹11,771₹13,36,752
Month 22₹20,240₹8,544₹11,697₹13,28,208
Month 23₹20,240₹8,618₹11,622₹13,19,589
Month 24₹20,240₹8,694₹11,546₹13,10,896
Month 25₹20,240₹8,770₹11,470₹13,02,126
Month 26₹20,240₹8,847₹11,394₹12,93,279
Month 27₹20,240₹8,924₹11,316₹12,84,355
Month 28₹20,240₹9,002₹11,238₹12,75,353
Month 29₹20,240₹9,081₹11,159₹12,66,272
Month 30₹20,240₹9,160₹11,080₹12,57,112
Month 31₹20,240₹9,241₹11,000₹12,47,871
Month 32₹20,240₹9,321₹10,919₹12,38,550
Month 33₹20,240₹9,403₹10,837₹12,29,147
Month 34₹20,240₹9,485₹10,755₹12,19,662
Month 35₹20,240₹9,568₹10,672₹12,10,093
Month 36₹20,240₹9,652₹10,588₹12,00,441
Month 37₹20,240₹9,736₹10,504₹11,90,705
Month 38₹20,240₹9,822₹10,419₹11,80,883
Month 39₹20,240₹9,908₹10,333₹11,70,976
Month 40₹20,240₹9,994₹10,246₹11,60,982
Month 41₹20,240₹10,082₹10,159₹11,50,900
Month 42₹20,240₹10,170₹10,070₹11,40,730
Month 43₹20,240₹10,259₹9,981₹11,30,471
Month 44₹20,240₹10,349₹9,892₹11,20,123
Month 45₹20,240₹10,439₹9,801₹11,09,683
Month 46₹20,240₹10,531₹9,710₹10,99,153
Month 47₹20,240₹10,623₹9,618₹10,88,530
Month 48₹20,240₹10,716₹9,525₹10,77,815
Month 49₹20,240₹10,809₹9,431₹10,67,005
Month 50₹20,240₹10,904₹9,336₹10,56,101
Month 51₹20,240₹10,999₹9,241₹10,45,102
Month 52₹20,240₹11,096₹9,145₹10,34,006
Month 53₹20,240₹11,193₹9,048₹10,22,814
Month 54₹20,240₹11,291₹8,950₹10,11,523
Month 55₹20,240₹11,389₹8,851₹10,00,134
Month 56₹20,240₹11,489₹8,751₹9,88,645
Month 57₹20,240₹11,590₹8,651₹9,77,055
Month 58₹20,240₹11,691₹8,549₹9,65,364
Month 59₹20,240₹11,793₹8,447₹9,53,571
Month 60₹20,240₹11,897₹8,344₹9,41,674
Month 61₹20,240₹12,001₹8,240₹9,29,674
Month 62₹20,240₹12,106₹8,135₹9,17,568
Month 63₹20,240₹12,212₹8,029₹9,05,356
Month 64₹20,240₹12,318₹7,922₹8,93,038
Month 65₹20,240₹12,426₹7,814₹8,80,612
Month 66₹20,240₹12,535₹7,705₹8,68,077
Month 67₹20,240₹12,645₹7,596₹8,55,432
Month 68₹20,240₹12,755₹7,485₹8,42,677
Month 69₹20,240₹12,867₹7,373₹8,29,810
Month 70₹20,240₹12,979₹7,261₹8,16,831
Month 71₹20,240₹13,093₹7,147₹8,03,738
Month 72₹20,240₹13,208₹7,033₹7,90,530
Month 73₹20,240₹13,323₹6,917₹7,77,207
Month 74₹20,240₹13,440₹6,801₹7,63,768
Month 75₹20,240₹13,557₹6,683₹7,50,210
Month 76₹20,240₹13,676₹6,564₹7,36,534
Month 77₹20,240₹13,796₹6,445₹7,22,739
Month 78₹20,240₹13,916₹6,324₹7,08,823
Month 79₹20,240₹14,038₹6,202₹6,94,784
Month 80₹20,240₹14,161₹6,079₹6,80,624
Month 81₹20,240₹14,285₹5,955₹6,66,339
Month 82₹20,240₹14,410₹5,830₹6,51,929
Month 83₹20,240₹14,536₹5,704₹6,37,393
Month 84₹20,240₹14,663₹5,577₹6,22,730
Month 85₹20,240₹14,791₹5,449₹6,07,939
Month 86₹20,240₹14,921₹5,319₹5,93,018
Month 87₹20,240₹15,051₹5,189₹5,77,967
Month 88₹20,240₹15,183₹5,057₹5,62,784
Month 89₹20,240₹15,316₹4,924₹5,47,468
Month 90₹20,240₹15,450₹4,790₹5,32,018
Month 91₹20,240₹15,585₹4,655₹5,16,433
Month 92₹20,240₹15,721₹4,519₹5,00,711
Month 93₹20,240₹15,859₹4,381₹4,84,852
Month 94₹20,240₹15,998₹4,242₹4,68,854
Month 95₹20,240₹16,138₹4,102₹4,52,717
Month 96₹20,240₹16,279₹3,961₹4,36,438
Month 97₹20,240₹16,421₹3,819₹4,20,016
Month 98₹20,240₹16,565₹3,675₹4,03,451
Month 99₹20,240₹16,710₹3,530₹3,86,741
Month 100₹20,240₹16,856₹3,384₹3,69,885
Month 101₹20,240₹17,004₹3,236₹3,52,881
Month 102₹20,240₹17,153₹3,088₹3,35,728
Month 103₹20,240₹17,303₹2,938₹3,18,426
Month 104₹20,240₹17,454₹2,786₹3,00,972
Month 105₹20,240₹17,607₹2,634₹2,83,365
Month 106₹20,240₹17,761₹2,479₹2,65,604
Month 107₹20,240₹17,916₹2,324₹2,47,688
Month 108₹20,240₹18,073₹2,167₹2,29,615
Month 109₹20,240₹18,231₹2,009₹2,11,384
Month 110₹20,240₹18,391₹1,850₹1,92,993
Month 111₹20,240₹18,552₹1,689₹1,74,442
Month 112₹20,240₹18,714₹1,526₹1,55,728
Month 113₹20,240₹18,878₹1,363₹1,36,850
Month 114₹20,240₹19,043₹1,197₹1,17,807
Month 115₹20,240₹19,209₹1,031₹98,598
Month 116₹20,240₹19,378₹863₹79,221
Month 117₹20,240₹19,547₹693₹59,673
Month 118₹20,240₹19,718₹522₹39,955
Month 119₹20,240₹19,891₹350₹20,065
Month 120₹20,240₹20,065₹176₹0