New Feature EMI Moratorium Calculations

EMI Moratorium Calculations


Compare Calculations after EMI Moratorium/Deferment.
In this method, the interest on principal amount for the deferred months is added in total principal amount and new EMI is calculated.
In this case you may change the EMI or change the Tenure.
  • Same Tenure : Your EMI will increase in this case
  • Same EMI : Your loan tenure will increase in this case
Another option may be to add the interest amount in the first installment after the deferred months.
Use these calculations to get approximate picture of the impact of EMI Deferment.
Actual calculations may vary bank to bank.
Useful in current scenario when most of the banks are offering moratorium on EMI Payments.
Enter the remaining principal amount, loan tenure, interest rate and number of months of EMI moratorium.

Loan Parameters
Principal Amount    ₹   
Interest Rate %
Remaining Loan Term months
Diferment Period       months


Original Plan

Loan Amount = ₹ 10,00,000
EMI = ₹ 21,247
Total Interest = ₹ 2,74,823
Total Payments = ₹ 12,74,823
Periods = 60 months
Check Amortization Table

Moratorium Plan [Same Tenure]

Loan Amount = ₹ 10,25,209
EMI = ₹ 21,783
Total Interest = ₹ 3,06,960
Total Payments = ₹ 13,06,960
Periods = 60 months
Check Amortization Table

Moratorium Plan [Same EMI]

Loan Amount = ₹ 10,25,209
EMI = ₹ 21,247
Total Interest = ₹ 3,06,960
Total Payments = ₹ 13,06,960
Periods = 61 - 62 months
Check Amortization Table
EMI Difference
Original Plan Diferment Plan
₹ 21,247 ₹ 21,783

₹ 536

Total Interest Difference
Original Plan Moratorium Plan
₹ 2,74,823 ₹ 3,06,960

₹ 32,137

Repayment Chart

Original Plan

Repayment Chart

Moratorium Plan


EMI Calculator
Calculate EMI (Equated Monthly Installment) for a fixed rate loan spanned across years with annual and monthly amortization tables.
Loan Amount  ₹ 
Loan Term     years
Interest Rate %



Convert Flat to Reducing Balance Interest Rate
This tool finds the effective interest rate for a flat rate interest loan.
Loan Amount      ₹   
Loan Term       years
Flat Interest Rate %
Flat Rate EMI Calculator
Calculate EMI for a flat rate loan with annual and monthly amortization tables
Loan Amt
Loan Term    years
Flat Rate   %


Flat -vs- Reducing Balance Interest Rate
Check the EMI Calculations for Flat vs Reducing Balance Interest Rate

In Flat Interest Rate loans, interest is calculated on the initial principal amount througout the loan tenure.

In Reducing Balance Interest Rate loans, interest is calculated on the remaining principal amount at any time.

Flat interest rate is normally used by vehicle finance companies.
Loan Amount      ₹   
Loan Term       years
Flat Rate                   %
Reducing Balance Rate %