Term Loan EMI Calculator
The difference between a term loan and a short-term loan is that with a term loan, the borrower must pay back the loan according to the repayment schedule set up.
Maximum loan amount: ₹5,00,00,000
Lenders' published rates for Term Loan: 7.75%–22.08% p.a..
Maximum tenure: 10 years (120 months)
Monthly EMI
₹20,157
Total interest
₹2,09,418
Total payment
₹12,09,418
Indicative only — your actual EMI depends on the lender's exact rate and terms at sanction.
Principal vs. interest
- Principal 82.7%
- Interest 17.3%
Principal & interest paid per year
Time on the x-axis, amount repaid on the y-axis — early on leans toward interest, later on toward principal.
Full breakdown, starting this month
Assumes your first EMI falls this month — click a period to see every month within it.
Nov 2026 – Oct 2027 Principal paid₹1,70,350 Interest paid₹71,533 Total paid₹2,41,884
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Nov 2026 | ₹13,699 | ₹6,458 | ₹20,157 | ₹9,86,301 |
| Dec 2026 | ₹13,787 | ₹6,370 | ₹20,157 | ₹9,72,514 |
| Jan 2027 | ₹13,876 | ₹6,281 | ₹20,157 | ₹9,58,638 |
| Feb 2027 | ₹13,966 | ₹6,191 | ₹20,157 | ₹9,44,672 |
| Mar 2027 | ₹14,056 | ₹6,101 | ₹20,157 | ₹9,30,616 |
| Apr 2027 | ₹14,147 | ₹6,010 | ₹20,157 | ₹9,16,470 |
| May 2027 | ₹14,238 | ₹5,919 | ₹20,157 | ₹9,02,232 |
| Jun 2027 | ₹14,330 | ₹5,827 | ₹20,157 | ₹8,87,902 |
| Jul 2027 | ₹14,423 | ₹5,734 | ₹20,157 | ₹8,73,479 |
| Aug 2027 | ₹14,516 | ₹5,641 | ₹20,157 | ₹8,58,963 |
| Sep 2027 | ₹14,609 | ₹5,547 | ₹20,157 | ₹8,44,354 |
| Oct 2027 | ₹14,704 | ₹5,453 | ₹20,157 | ₹8,29,650 |
Nov 2027 – Oct 2028 Principal paid₹1,84,031 Interest paid₹57,852 Total paid₹2,41,884
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Nov 2027 | ₹14,799 | ₹5,358 | ₹20,157 | ₹8,14,851 |
| Dec 2027 | ₹14,894 | ₹5,263 | ₹20,157 | ₹7,99,957 |
| Jan 2028 | ₹14,991 | ₹5,166 | ₹20,157 | ₹7,84,966 |
| Feb 2028 | ₹15,087 | ₹5,070 | ₹20,157 | ₹7,69,879 |
| Mar 2028 | ₹15,185 | ₹4,972 | ₹20,157 | ₹7,54,694 |
| Apr 2028 | ₹15,283 | ₹4,874 | ₹20,157 | ₹7,39,411 |
| May 2028 | ₹15,382 | ₹4,775 | ₹20,157 | ₹7,24,029 |
| Jun 2028 | ₹15,481 | ₹4,676 | ₹20,157 | ₹7,08,548 |
| Jul 2028 | ₹15,581 | ₹4,576 | ₹20,157 | ₹6,92,968 |
| Aug 2028 | ₹15,682 | ₹4,475 | ₹20,157 | ₹6,77,286 |
| Sep 2028 | ₹15,783 | ₹4,374 | ₹20,157 | ₹6,61,503 |
| Oct 2028 | ₹15,885 | ₹4,272 | ₹20,157 | ₹6,45,618 |
Nov 2028 – Oct 2029 Principal paid₹1,98,812 Interest paid₹43,072 Total paid₹2,41,884
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Nov 2028 | ₹15,987 | ₹4,170 | ₹20,157 | ₹6,29,631 |
| Dec 2028 | ₹16,091 | ₹4,066 | ₹20,157 | ₹6,13,541 |
| Jan 2029 | ₹16,195 | ₹3,962 | ₹20,157 | ₹5,97,346 |
| Feb 2029 | ₹16,299 | ₹3,858 | ₹20,157 | ₹5,81,047 |
| Mar 2029 | ₹16,404 | ₹3,753 | ₹20,157 | ₹5,64,643 |
| Apr 2029 | ₹16,510 | ₹3,647 | ₹20,157 | ₹5,48,132 |
| May 2029 | ₹16,617 | ₹3,540 | ₹20,157 | ₹5,31,515 |
| Jun 2029 | ₹16,724 | ₹3,433 | ₹20,157 | ₹5,14,791 |
| Jul 2029 | ₹16,832 | ₹3,325 | ₹20,157 | ₹4,97,959 |
| Aug 2029 | ₹16,941 | ₹3,216 | ₹20,157 | ₹4,81,018 |
| Sep 2029 | ₹17,050 | ₹3,107 | ₹20,157 | ₹4,63,967 |
| Oct 2029 | ₹17,161 | ₹2,996 | ₹20,157 | ₹4,46,807 |
Nov 2029 – Oct 2030 Principal paid₹2,14,779 Interest paid₹27,105 Total paid₹2,41,884
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Nov 2029 | ₹17,271 | ₹2,886 | ₹20,157 | ₹4,29,536 |
| Dec 2029 | ₹17,383 | ₹2,774 | ₹20,157 | ₹4,12,153 |
| Jan 2030 | ₹17,495 | ₹2,662 | ₹20,157 | ₹3,94,658 |
| Feb 2030 | ₹17,608 | ₹2,549 | ₹20,157 | ₹3,77,049 |
| Mar 2030 | ₹17,722 | ₹2,435 | ₹20,157 | ₹3,59,328 |
| Apr 2030 | ₹17,836 | ₹2,321 | ₹20,157 | ₹3,41,491 |
| May 2030 | ₹17,952 | ₹2,205 | ₹20,157 | ₹3,23,540 |
| Jun 2030 | ₹18,067 | ₹2,090 | ₹20,157 | ₹3,05,472 |
| Jul 2030 | ₹18,184 | ₹1,973 | ₹20,157 | ₹2,87,288 |
| Aug 2030 | ₹18,302 | ₹1,855 | ₹20,157 | ₹2,68,987 |
| Sep 2030 | ₹18,420 | ₹1,737 | ₹20,157 | ₹2,50,567 |
| Oct 2030 | ₹18,539 | ₹1,618 | ₹20,157 | ₹2,32,028 |
Nov 2030 – Oct 2031 Principal paid₹2,32,028 Interest paid₹9,855 Total paid₹2,41,884
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Nov 2030 | ₹18,658 | ₹1,499 | ₹20,157 | ₹2,13,370 |
| Dec 2030 | ₹18,779 | ₹1,378 | ₹20,157 | ₹1,94,591 |
| Jan 2031 | ₹18,900 | ₹1,257 | ₹20,157 | ₹1,75,691 |
| Feb 2031 | ₹19,022 | ₹1,135 | ₹20,157 | ₹1,56,668 |
| Mar 2031 | ₹19,145 | ₹1,012 | ₹20,157 | ₹1,37,523 |
| Apr 2031 | ₹19,269 | ₹888 | ₹20,157 | ₹1,18,254 |
| May 2031 | ₹19,393 | ₹764 | ₹20,157 | ₹98,861 |
| Jun 2031 | ₹19,518 | ₹638 | ₹20,157 | ₹79,343 |
| Jul 2031 | ₹19,645 | ₹512 | ₹20,157 | ₹59,698 |
| Aug 2031 | ₹19,771 | ₹386 | ₹20,157 | ₹39,927 |
| Sep 2031 | ₹19,899 | ₹258 | ₹20,157 | ₹20,028 |
| Oct 2031 | ₹20,028 | ₹129 | ₹20,157 | ₹0 |
About the Term Loan
Term loans refer to a loan in which the borrower receives a specific amount of money from the lender, which he has to repay later in monthly instalments that contain principal and interest. The term loan can be used by individuals and businesses for various purposes such as funding expansion plans, purchasing equipment and building infrastructure.
Find your ideal Tenure
Pick 3 tenures to compare — same ₹10,00,000 at 7.75% each time.
| Tenure | EMI | Total interest |
|---|---|---|
| ₹86,873 | ₹42,475 | |
| ₹20,157 | ₹2,09,418 | |
| ₹12,001 | ₹4,40,128 |
Compare Rates & Savings
Pick 3 rates to compare — same ₹10,00,000 over 5 years each time.
| Rate | EMI | Total interest |
|---|---|---|
| ₹20,157 | ₹2,09,418 | |
| ₹23,790 | ₹4,27,396 | |
| ₹27,664 | ₹6,59,865 |
Guides related to Term Loan
Will US Strikes on Iran Push Petrol and Diesel Prices Higher in India?
According to a report by Fynnedge, a panel that discusses financial matters, there is a relationship between geopolitical instability and commodities markets, p
India’s Green Finance Surpasses $81.9 Billion,
India’s Green Finance Surpasses $81.9 Billion, but Investments Still Centred on Conventional AreasWhat Borrowers Should Consider Before Applying
Instagram to Rival YouTube with 90-Minute Video Upload Feature
Fynnedge Expert Panel: According to the Fynnedge expert panel, Instagram’s move into long-form video highlights how digital platforms are evolving to keep audie
Term Loan EMI — frequently asked questions
What is the interest rate on a Term Loan?
Term Loan interest rates vary based on the lender, applicant profile, loan amount, tenure, credit history, and other factors. The applicable rate is decided by the lender at the time of approval.
What can I use a Term Loan for?
A Term Loan can be used for various planned financial requirements, such as business expansion, purchasing machinery or equipment, managing working capital, refinancing existing debt, or meeting other eligible business expenses.