Loan APR calculator with fees, GST and insurance
Add processing fees, GST and insurance to find the loan's real annual rate (APR).
Make it real
Real loans have part-payments, rate changes and fees. Switch any of them on.
Monthly EMI
₹16,488
for 3 yrs
Interest
16%
of total
- Total interest
- ₹93,568
- Total payment
- ₹5,93,568
- Interest ÷ principal
- 0.19×
- Loan-free by
- Oct 2029
The full picture
3 yrs of payments, year by year and month by month.
| Year | Principal | Interest | Total paid | Balance | Paid off |
|---|---|---|---|---|---|
| 2026 | ₹23,505 | ₹9,471 | ₹32,976 | ₹4,76,495 | 5% |
| 2027 | ₹1,50,846 | ₹47,010 | ₹1,97,856 | ₹3,25,650 | 35% |
| 2028 | ₹1,69,137 | ₹28,719 | ₹1,97,856 | ₹1,56,513 | 69% |
| 2029 | ₹1,56,513 | ₹8,368 | ₹1,64,880 | ₹0 | 100% |
1–4 of 4 years
How to use this calculator
- 01
Enter the offer
Loan amount, advertised rate and tenure.
- 02
Add every charge
Processing fee (% or flat), GST, insurance (upfront or financed) and other charges.
- 03
Get the APR
We solve for the rate that equates what you actually receive with what you pay back.
Frequently asked questions
Why include GST on the processing fee?
In India, 18% GST applies to loan processing fees, so a 2% fee actually costs 2.36% of the loan. It's a real cost, so it belongs in the APR.
Should I finance loan insurance or pay it upfront?
Financing it means paying interest on the premium for the whole tenure. If you can pay upfront, it's usually cheaper overall. Toggle the option to compare.