₹
₹1,00,000₹1,50,00,000
%
7 %16 %
yrs
1 yrs15 yrs
Results
Monthly EMI
₹25,291
for 7 years at 10.5% p.a.
Total payment
₹21.24 L
- Principal71%
- Total interest29%
- Principal
- ₹15,00,000
- Total interest
- ₹6,24,445
- Total payment
- ₹21,24,445
- Interest as % of principal
- 42%
Year-wise repayment schedule
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| Year 1 | ₹1,53,227 | ₹1,50,265 | ₹13,46,773 |
| Year 2 | ₹1,70,113 | ₹1,33,379 | ₹11,76,660 |
| Year 3 | ₹1,88,860 | ₹1,14,632 | ₹9,87,800 |
| Year 4 | ₹2,09,673 | ₹93,819 | ₹7,78,126 |
| Year 5 | ₹2,32,780 | ₹70,712 | ₹5,45,346 |
| Year 6 | ₹2,58,433 | ₹45,059 | ₹2,86,913 |
| Year 7 | ₹2,86,913 | ₹16,579 | ₹0 |
How this calculator works
Education loan repayment usually begins after course completion plus a grace period; interest accrued during the moratorium is added to the balance. Enter the expected outstanding at repayment start for a realistic EMI.
Section 80E allows deduction of the full interest paid for up to 8 years under the old tax regime.
Results are estimates for planning, not guarantees or tax/investment advice. For a plan built around your goals, talk to our advisors — the consultation is free.
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