Student Loan EMI Calculator
Calculate your Education Loan EMI, total interest payable, total repayment amount, and view a detailed amortization schedule for your student loan.
Monthly EMI
0
Total Principal
0
Total Interest
0
Total Payment
0
Payment Breakup
Principal
Interest
Student Loan Amortization Schedule
| Year | Principal | Interest | Total | Balance | Loan Paid |
|---|
What Is a Student Loan?
A student loan, also known as an education loan, helps students finance higher education expenses such as tuition fees, accommodation, books, and other academic costs.
Student Loan EMI Formula
EMI = P × R × (1 + R)N / ((1 + R)N − 1)
- P = Loan Amount
- R = Monthly Interest Rate
- N = Loan Tenure in Months
Benefits of Student Loan EMI Calculator
- Plan education expenses efficiently
- Estimate monthly EMI accurately
- Understand interest burden
- View complete amortization schedule
- Compare loan tenures
Input Rules & Limits
- Course Cost: 100,000 – 10,000,000
- Self Contribution: 0% – 30%
- Interest Rate: 6% – 15%
- Tenure: 1 – 15 years
Frequently Asked Questions
Student loan EMI is the fixed monthly payment made towards repaying
the education loan including interest.
Yes. Student loans usually have lower interest rates compared to
personal loans.
Many lenders offer a moratorium period where repayment starts after
course completion.