Loan Calculators

Calxo’s loan calculators help you figure out the true cost of borrowing before you sign anything. Every tool uses the standard reducing-balance method that SBI, HDFC, ICICI, Axis, Bajaj Finserv and Tata Capital all use, with INR values, current 2026 rate ranges, and the exact formula published in the RBI Master Direction on Loans and Advances.

What you can calculate here

Each tool answers one specific question with the same math your bank uses internally, but lets you compare scenarios in seconds instead of waiting on a relationship manager:

• Monthly EMI for any loan amount, rate and tenure (the headline number)
• Total interest paid over the life of the loan (often more than the principal itself)
• Total amount payable including both principal and interest
• Principal-vs-interest split so you can see how much of each EMI actually pays down debt

For home loans specifically, our calculators help you decide between a 20-year and 25-year tenure, simulate prepayment scenarios, and figure out how much of a rate cut to chase from a competing lender.

Why these are different

Most calculator sites either use US-style formulas or are built by lender marketing teams that nudge you toward longer tenures (which generate more interest for them). Calxo’s loan tools are bank-agnostic, run entirely in your browser, and never ask for your phone number. Formulas are taken from the RBI Master Direction and tested against actual quoted EMIs from real SBI, HDFC and ICICI sanction letters.

If you want to verify the math yourself, every calculator page includes a worked example, the underlying formula, and a link to the official RBI source.