Estimate the monthly EMI on a student or education loan, including moratorium-period repayment planning.
EMI = P × r × (1+r)n / ((1+r)n − 1), where P is loan principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the number of monthly installments.
Many education loans offer a moratorium (repayment holiday) during the study period — this calculator estimates EMI once regular repayment begins.