☰

Personal Loan Calculator

All Online Calculators

Explore our complete collection of fast, accurate and free online calculators. No signup required.

💰 Finance Calculators

📊 EMI Calculator Popular 🏠 Home Loan EMI Calculator Popular 📈 SIP Calculator Popular 💳 Personal Loan Calculator 🚗 Car Loan Calculator 🥇 Gold Loan Calculator 🧮 Loan Calculator 🏦 FD Calculator 💰 RD Calculator 📉 Simple Interest Calculator 📈 Compound Interest Calculator 💼 Lumpsum Calculator

🎓 Education Calculators

📘 CGPA Calculator Popular 📗 GPA Calculator 🧑‍🎓 Attendance Calculator 📝Percentage Calculator 📝 Marks Percentage Calculator

About this Calculator

Use our free Personal Loan Calculator to calculate EMI, interest and total repayment instantly.

How Personal Loan Calculator Works

A personal loan is an unsecured loan repaid through monthly EMIs. This calculator helps you estimate EMI, total interest and repayment amount instantly.

Personal Loan EMI Formula

EMI = [P × R × (1+R)N] / [(1+R)N − 1]

Where P = Loan Amount, R = Monthly Interest Rate, N = Loan Tenure in Months

Personal Loan EMI Example

If you take a personal loan of 5,00,000 at 12.5% for 5 years, your monthly EMI will be approximately 11,250.

Frequently Asked Questions

Is this personal loan calculator free?
Yes, it is 100% free.

Does this work for all banks?
Yes, it works for all banks and NBFCs.

Is prepayment included?
No, prepayment charges vary by lender.

Related Calculators
Learn More