SmartMoneyToolsPrecision Financial Planning
Category · 17 tools

Loans & EMI Calculators

Home, car, personal, bike and education loan EMI tools.

Indian loans use the reducing-balance EMI method, where every monthly payment slices off a bit of principal and a bit of interest — and that ratio flips dramatically over the loan's life. This category computes EMIs for every loan type (home, car, personal, education, bike) and goes deeper than the average bank calculator: full amortisation schedules, prepayment impact analysis, balance-transfer savings, and the unique 'prepay vs invest in MF' comparison that quantifies whether you're better off retiring debt or growing a parallel investment.

EMI Calculator

Universal loan EMI calculator with flat-rate and reducing-balance modes.

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Home Loan EMI Calculator

Comprehensive home loan EMI calculator with prepayment impact analysis.

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Car Loan EMI Calculator

Instant car loan EMI calculation with processing fee and GST insights.

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Personal Loan EMI Calculator

Compare personal loan EMIs and optimize your debt repayment strategy.

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Home Loan Balance Transfer

See your savings from transferring your home loan to a lower rate.

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Loan Prepayment Calculator

Calculate interest savings from loan prepayments and tenure reduction.

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₹20 Lakh Home Loan EMI

EMI calculator specifically for a ₹20 Lakh home loan.

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₹50 Lakh Home Loan EMI

EMI calculator for a ₹50 Lakh home loan with prepayment view.

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Car Loan EMI Calculator (Detailed)

Detailed car loan EMI calculator with full amortization schedule.

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Personal Loan EMI (Detailed)

Personal loan EMI calculator with prepayment and processing fee logic.

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EMI with Prepayment Strategy

Plan periodic prepayments and see the resulting interest savings.

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Bike Loan EMI Calculator

Two-wheeler and bike loan EMI calculator with tenure insights.

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Education Loan EMI Calculator

Education loan EMI with moratorium and capitalised interest.

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₹75 Lakh Home Loan EMI

EMI calculator for a ₹75 Lakh home loan in India.

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₹1 Crore Home Loan EMI

EMI calculator for a ₹1 Crore home loan with prepayment view.

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₹10 Lakh Car Loan EMI

EMI calculator for a ₹10 Lakh car loan with GST and fees.

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Loan Prepayment vs Investment Calculator

Decide whether to prepay your loan or invest the surplus in mutual funds — compares 5 strategies side-by-side.

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Who these tools are for

  • Anyone evaluating a new loan and budgeting the monthly EMI
  • Existing borrowers wondering if they should prepay or invest a surplus
  • Home-loan holders considering a balance transfer to a lower rate
  • Self-employed buyers planning car or equipment financing

India-specific things to know

  • RBI has removed prepayment penalties on floating-rate home loans for individuals
  • Home loan: principal qualifies for 80C (₹1.5L), interest for Section 24(b) (₹2L) — old regime only
  • One extra EMI per year can cut a 20-year home loan to ~17 years
  • Choose tenure carefully — long tenures lower EMI but inflate total interest 2-3×

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