EMI and credit card calculator
See what a loan really costs, how much prepaying saves, and why paying only the minimum due hurts.
Loan EMI
Optional. See how much a small prepayment saves.
Monthly EMI₹10,871
Loan amount₹5,00,000
Total interest₹1,52,273
Total you pay₹6,52,273
Paying ₹2,000 extra each month closes the loan 11 months early and saves ₹31,335 in interest.
Credit card minimum due trap
Most cards charge about 3–3.75% a month
Interest you pay₹99,095
Time to clear15 years and 5 months
Interest you pay₹99,095
Paying only the minimum due, you’ll take 15 years and 5 months to clear this and pay ₹99,095 as interest. Paying the full amount by the due date costs ₹0 in interest.
Assumes no new spending on the card. GST on interest and late fees are not included, so the real cost is higher.
This is general educational information based on the numbers you entered, not personalised investment advice. Please consult a SEBI-registered investment adviser before making investment decisions.