Loans & EMI
Loan Repayment Calculator
Estimate how many months a fixed payment needs to repay a reducing-balance loan.
Result
Formula and methodology
Each month: balance = balance + monthly interest − payment
This calculator uses the values you enter and does not add fees, taxes or external assumptions.
Worked example
A ₹5,00,000 loan at 12% with a ₹25,000 monthly payment is repaid in about 23 months.
How to use
- Enter the requested values using consistent periods.
- Select Calculate.
- Review the methodology and limitations before using the estimate.
Frequently asked questions
What does this calculator estimate?
Estimate how many months a fixed payment needs to repay a reducing-balance loan.
Is this result guaranteed?
No. It is a simplified planning estimate; actual outcomes can differ.
Related tools
Explore Loans & EMI or all tools.
Disclaimer: This estimate may differ from a lender’s schedule because fees, day-count rules, rounding and changing rates are not included. Verify actual terms with the lender. It does not assess eligibility or provide lending advice.