Education Loan Estimator
Study abroad loan calculator
Estimate your EMI, total interest, and the real cost of funding your degree abroad — before you sign a loan offer.
Your loan details
The amount you plan to borrow from the bank or lender.
Annual rate your lender quotes. Most Indian education loans are between 10% and 14%.
Length of your program. Interest usually accrues during this period.
Extra months before regular EMI begins. Often 6–12 months.
How many years you will pay EMIs after the moratorium ends.
Upfront fee deducted from the disbursed amount.
Estimated repayment
₹67,155
After moratorium
₹26,41,037
Over the full loan life
₹56,41,037
Principal + interest
₹26,86,037
Interest + processing fee
This is an estimate, not an offer.
Actual rates, processing fees, and terms vary by bank and your profile. Use this to compare offers and ask better questions before you commit.
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EMI formula
We use the standard reducing-balance formula: EMI = P × r × (1+r)^n / ((1+r)^n − 1). Interest is calculated on the outstanding balance each month.
Moratorium period
During course + grace months, you typically do not pay EMI. Interest still accrues, and most lenders add it to your principal when repayment begins.
Processing fee
This is usually deducted from the loan before disbursement. We subtract it from the loan amount so you see the cash that actually reaches you.