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Education Loan Calculator

Calculate EMI for education loans with moratorium period and interest capitalization.

Total education loan amount

Current: 7-9% for education loans

Grace period after studies (typically 6-12 months)

EMI repayment period (6 months to 20 years)

💡 Tip: Moratorium period interest is added to principal. After moratorium, EMI is calculated on increased amount.

Disclaimer

Interest shown is approximate. Actual rates may vary based on lender and loan type (CIBIL, etc.).

Education Loan Calculator

Calculate monthly EMI for education loans with moratorium period. Plan for student loan repayment.

Moratorium Impact

See how moratorium period affects your total loan amount

Monthly EMI

Calculate EMI after moratorium period

Total Interest

Break down of moratorium interest and repayment interest

Repayment Plan

Complete timeline of your education loan

Pro Tips

  • Moratorium: Period (6-12 months) after studies where you don't pay EMI
  • Interest during moratorium: Accrues and is added to principal
  • EMI calculation: Done on principal + moratorium interest
  • Tax benefit: ₹50,000 deduction under Section 80E for 8 years

Important Notes

• Moratorium period is typically 6-12 months after course completion

• Interest accrues during moratorium and increases principal

• Section 80E provides interest deduction for 8 years from repayment start

• Some banks offer interest-free period during education and moratorium

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