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Education Loan EMI Calculator
Calculate EMI with moratorium period
Loan Details
₹1L - ₹5 Cr
4% - 12%
Grace period after graduation
Moratorium Explained: Interest accrues during moratorium but is added to principal for repayment calculation.
Loan Timeline
5 Years
Moratorium
Interest Accruing: ₹10,54,601.2
10 Years
Repayment
EMI Payment Period
Monthly EMI (During Repayment)
₹37,872.68
Principal After Moratorium
₹30,54,601.2
(+₹10,54,601.2 interest)
Total Interest
₹14,90,120.4
Total Amount Payable
₹45,44,721.6
Cost Breakdown
Important Information
- Moratorium Duration:60 months
- Repayment Duration:120 months
- Original Loan Amount:₹20,00,000
- Interest During Moratorium:₹10,54,601.2
- Total Tenure:180 months
Note: Interest accrues during moratorium and is added to principal, increasing the EMI amount. Consider income growth after employment.
First Year Repayment Schedule
| Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹37,872.68 | ₹16,235.92 | ₹21,636.76 | ₹30,38,365.28 |
| 2 | ₹37,872.68 | ₹16,350.93 | ₹21,521.75 | ₹30,22,014.35 |
| 3 | ₹37,872.68 | ₹16,466.75 | ₹21,405.93 | ₹30,05,547.6 |
| 4 | ₹37,872.68 | ₹16,583.38 | ₹21,289.3 | ₹29,88,964.22 |
| 5 | ₹37,872.68 | ₹16,700.85 | ₹21,171.83 | ₹29,72,263.37 |
| 6 | ₹37,872.68 | ₹16,819.15 | ₹21,053.53 | ₹29,55,444.22 |
| 7 | ₹37,872.68 | ₹16,938.28 | ₹20,934.4 | ₹29,38,505.94 |
| 8 | ₹37,872.68 | ₹17,058.26 | ₹20,814.42 | ₹29,21,447.68 |
| 9 | ₹37,872.68 | ₹17,179.09 | ₹20,693.59 | ₹29,04,268.59 |
| 10 | ₹37,872.68 | ₹17,300.78 | ₹20,571.9 | ₹28,86,967.81 |
| 11 | ₹37,872.68 | ₹17,423.32 | ₹20,449.36 | ₹28,69,544.49 |
| 12 | ₹37,872.68 | ₹17,546.74 | ₹20,325.94 | ₹28,51,997.75 |