Money · Admissify

Education Loan Repayment Planner

Work out your monthly repayment, total interest and total repayment from your loan amount, interest rate, course length and grace period.

  1. 1Your figures
  2. 2Contact details
  3. 3Your result

Your loan

₹
Full disbursement is assumed at the start.
% a year
months
months
Months before your first EMI is due.
Will you pay interest while you study?
If you don’t, we add simple interest for the study and grace months to your balance. Check how your lender charges it.
years
The years you pay EMIs, after the course and grace period.

Next, share your contact details to view your estimate.

Calculation rules and sources

The estimate assumes the full loan is disbursed at the start and simple interest accrues during the course and grace period. If you pay that interest as it accrues, the repayment balance stays at the principal. Otherwise it is added once before reducing-balance monthly repayments start. Actual phased disbursements, compounding, fees and lender terms will change the result. This is an estimate, not a loan offer.

Formula reviewed against the standard monthly reducing-balance equation. Confirm the moratorium and interest treatment in your lender's sanction letter.