ORIVU · Loans
EMI Calculator
Compare monthly instalments and total interest across three loan tenures.
How to Use ↓EMI Calculator
Compare monthly payments and total interest for three loan tenures.
Monthly EMI
12 years
₹52,761
per month
- Total interest
- ₹25,97,629
- Total paid
- ₹75,97,629
15 years
₹46,351
per month
- Total interest
- ₹33,43,111
- Total paid
- ₹83,43,111
20 years
₹40,280
per month
- Total interest
- ₹46,67,118
- Total paid
- ₹96,67,118
EMI difference between tenures
12 vs 15 yearsThe 15-year EMI is ₹6,411 lower per month than the 12-year EMI.
The longer tenure costs ₹7,45,482 more in total interest.
15 vs 20 yearsThe 20-year EMI is ₹6,071 lower per month than the 15-year EMI.
The longer tenure costs ₹13,24,007 more in total interest.
Fixed interest rate and monthly repayments assumed. Fees, insurance, prepayments and rate changes are excluded.
How to Use: EMI Calculator
- Enter the loan amount and annual interest rate.
- Choose three different repayment tenures.
- Compare each EMI and the extra interest over a longer tenure.
Example: A ₹12 lakh loan at 0% for 10 years has a monthly EMI of ₹10,000.
Assumes a fixed reducing-balance rate. Lender fees, insurance, rate changes and prepayments are excluded.