Loan Tenure Calculator
How long to pay off any EMI loan in India from outstanding principal, interest rate, and monthly EMI (₹).
Inputs
About this calculator
Standard calculator — any loan type
Same reducing-balance EMI math for personal, home, car, business, education repayment, and other EMI loans in ₹. Deep explainers live in Learn: What is EMI, fixed vs floating, rate resets, education loans, prepayment, prepay or invest, top-ups.
FAQ
Tap a question to expand.
Why does a higher EMI shorten tenure so much?
Extra payment goes to principal, so interest accrues on a smaller balance each month — the effect compounds over time.
Can I use this for any EMI loan’s payoff time?
Yes. Enter outstanding principal, current annual rate (fixed), and the EMI you pay. Result is months (and years) to clear under reducing balance.
Does this support floating rates?
This reverse calculator assumes a single fixed rate. For floating paths, use the EMI or amortization tools with rate resets instead.
How do I calculate a loan top-up?
If the top-up is a separate facility, treat it as a new loan in the EMI calculator and add EMIs. If the bank merges outstanding + top-up into one facility, enter the combined outstanding as principal with the new rate and tenure. No special top-up formula is required.
How do I model an education loan (simple interest during study, then EMI)?
During course / moratorium, many education loans use simple interest on the disbursed amount. Use the Simple Interest calculator for that phase. If interest is unpaid and added to the loan, new principal ≈ original principal + unpaid simple interest. Then use the EMI or amortization calculators on that outstanding for the repayment period.