How to use this calculator
- Enter the loan amount, the rate of interest, the tenure and any prepayment.
- Choose the tenure and the prepayment option to match your situation.
- Read the instalment, the total interest and the schedule of principal and interest in the result.
Banks may round instalments or change the rate; check the schedule given by your lender.
The result is an estimate for the figures you enter. It is not a filed return, a certificate or professional advice. Rates, thresholds and section numbers change with each Finance Act, and the Income-tax Act, 2025 applies from 1 April 2026 with new section and form numbers.
For the related work, see Income tax return (ITR) filing.
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