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Loan Tenure Calculator

Find out exactly how long it will take to repay your loan based on your desired monthly EMI amount.

Loan Details

Total loan amount (principal)
%
Annual interest rate
Minimum EMI must exceed ₹7,085

Quick EMI Options

Common tenure options for ₹10,00,000 at 8.5% p.a.

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Enter loan details and desired EMI to calculate tenure

About Loan Tenure Calculator

Instead of finding your EMI for a fixed tenure, this calculator works in reverse — you tell it how much EMI you can afford, and it tells you exactly how long the loan will take.

Tenure Formula

N = −ln(1 − P×r/EMI) / ln(1+r)

  • N — Tenure in months
  • P — Principal loan amount
  • r — Monthly interest rate (Annual ÷ 12 ÷ 100)
  • EMI — Your desired monthly installment

Important Rules

  • Your EMI must be higher than the monthly interest on the full principal (otherwise the loan never reduces).
  • Higher EMI = shorter tenure = less total interest paid.
  • Use the "Quick EMI Options" table to see standard EMIs for common tenures.

How to Use

  • Enter your loan amount and interest rate.
  • Enter the EMI you can comfortably afford each month.
  • The calculator instantly shows how many months your loan will last.
  • Use the tenure impact table to compare different EMI levels.