Floating rate EMI calculator for repo rate changes
Add rate changes anywhere in your loan. Watch the EMI or the end date shift.
Make it real
Real loans have part-payments, rate changes and fees. Switch any of them on.
- Nov 2028% p.a.
Monthly EMI
₹43,391
for 21 yrs 8 mos
Interest
56%
of total
- Total interest
- ₹62,74,018
- Total payment
- ₹1,12,74,018
- Interest ÷ principal
- 1.25×
- Loan-free by
- Jun 2048
The full picture
21 yrs 8 mos of payments, year by year and month by month.
| Year | Principal | Interest | Total paid | Balance | Paid off |
|---|---|---|---|---|---|
| 2026 | ₹16,005 | ₹70,777 | ₹86,782 | ₹49,83,995 | 0% |
| 2027 | ₹1,00,926 | ₹4,19,768 | ₹5,20,694 | ₹48,83,068 | 2% |
| 2028 | ₹1,05,843 | ₹4,14,851 | ₹5,20,694 | ₹47,77,226 | 4% |
| 2029 | ₹94,582 | ₹4,26,112 | ₹5,20,694 | ₹46,82,644 | 6% |
| 2030 | ₹1,03,454 | ₹4,17,240 | ₹5,20,694 | ₹45,79,189 | 8% |
| 2031 | ₹1,13,159 | ₹4,07,535 | ₹5,20,694 | ₹44,66,030 | 11% |
| 2032 | ₹1,23,774 | ₹3,96,920 | ₹5,20,694 | ₹43,42,256 | 13% |
| 2033 | ₹1,35,385 | ₹3,85,309 | ₹5,20,694 | ₹42,06,871 | 16% |
| 2034 | ₹1,48,085 | ₹3,72,609 | ₹5,20,694 | ₹40,58,786 | 19% |
| 2035 | ₹1,61,977 | ₹3,58,717 | ₹5,20,694 | ₹38,96,809 | 22% |
| 2036 | ₹1,77,171 | ₹3,43,523 | ₹5,20,694 | ₹37,19,638 | 26% |
| 2037 | ₹1,93,791 | ₹3,26,903 | ₹5,20,694 | ₹35,25,847 | 29% |
| 2038 | ₹2,11,970 | ₹3,08,724 | ₹5,20,694 | ₹33,13,877 | 34% |
| 2039 | ₹2,31,854 | ₹2,88,840 | ₹5,20,694 | ₹30,82,023 | 38% |
| 2040 | ₹2,53,604 | ₹2,67,090 | ₹5,20,694 | ₹28,28,419 | 43% |
1–15 of 23 years
How to use this calculator
- 01
Start with today's rate
Enter your loan as sanctioned.
- 02
Add rate changes
Pick the month and the new rate. Add as many hikes and cuts as you like.
- 03
Choose the bank's move
Most banks keep your EMI and stretch the tenure. Compare that with raising the EMI instead.
Frequently asked questions
What happens to my EMI when the repo rate rises?
For repo-linked loans the bank resets your rate at the next reset date. By default most banks keep the EMI unchanged and extend the tenure, which can add years to the loan. You can usually ask to raise the EMI instead.
Which is better when rates rise: higher EMI or longer tenure?
A higher EMI costs far less interest overall. Extending tenure keeps the monthly outgo comfortable but can add lakhs in interest.