A ₹1 Lakh personal loan at 12% for 5 years costs ₹2,224 a month, with ₹33,467 of interest in total. Below are the EMIs for every tenure at 10.5–18%, and how the balance falls year by year.
| Tenure | 10.5% | 12% | 14% | 16% | 18% |
|---|---|---|---|---|---|
| 1 year | ₹8,815 | ₹8,885 | ₹8,979 | ₹9,073 | ₹9,168 |
| 2 years | ₹4,638 | ₹4,707 | ₹4,801 | ₹4,896 | ₹4,992 |
| 3 years | ₹3,250 | ₹3,321 | ₹3,418 | ₹3,516 | ₹3,615 |
| 4 years | ₹2,560 | ₹2,633 | ₹2,733 | ₹2,834 | ₹2,937 |
| 5 years | ₹2,149 | ₹2,224 | ₹2,327 | ₹2,432 | ₹2,539 |
| 6 years | ₹1,878 | ₹1,955 | ₹2,061 | ₹2,169 | ₹2,281 |
| 7 years | ₹1,686 | ₹1,765 | ₹1,874 | ₹1,986 | ₹2,102 |
Interest rates are typical November 2026 ranges for illustration; your rate depends on the lender, your credit score and income. Use the calculator above for your own rate.
| Tenure | EMI | Total interest | Interest as % of loan |
|---|---|---|---|
| 1 years | ₹8,885 | ₹6,619 | 7% |
| 2 years | ₹4,707 | ₹12,976 | 13% |
| 3 years | ₹3,321 | ₹19,572 | 20% |
| 4 years | ₹2,633 | ₹26,402 | 26% |
| 5 years | ₹2,224 | ₹33,467 | 33% |
| 6 years | ₹1,955 | ₹40,761 | 41% |
| 7 years | ₹1,765 | ₹48,283 | 48% |
| Year | Principal paid | Interest paid | Balance at year end |
|---|---|---|---|
| Year 1 | ₹15,529 | ₹11,164 | ₹84,471 |
| Year 2 | ₹17,498 | ₹9,195 | ₹66,972 |
| Year 3 | ₹19,718 | ₹6,976 | ₹47,255 |
| Year 4 | ₹22,218 | ₹4,475 | ₹25,036 |
| Year 5 | ₹25,036 | ₹1,657 | ₹0 |
In the early years most of each EMI goes to interest; in year 1 you repay only ₹15,529 of principal. Prepaying early saves the most interest.
At 12% a year, the EMI on ₹1,00,000 is ₹2,224 for 5 years and ₹1,765 for 7 years.
Over 5 years at 12% you pay ₹33,467 in interest, so the total repayment is ₹1,33,467.
Lenders usually want your EMIs under about half of your take-home pay, so a net monthly income of about ₹4,449 or more for ₹2,224 a month (less if you have no other loans; more if you do).