Calculators
Study Cost Affordability Calculator
Work backwards from an EMI you can manage to the total education cost you can finance.
Updated 30 September 2026 · 8 lenders trackedFree calculator
Instant results
Reducing-balance maths, Indian formatsAbout this calculator
Set the EMI you (or your family) can comfortably pay after the course, the likely rate and tenure. The result is the education cost you can fund with a loan; remember to add margin money and any moratorium interest you do not plan to pay.
Study Cost Affordability Calculator
Example budgets
| Monthly EMI you can afford | Loan it supports at 9.50% over 10 years |
|---|---|
| ₹10,000 | About ₹7,72,812 |
| ₹15,000 | About ₹11,59,218 |
| ₹25,000 | About ₹19,32,030 |
| ₹40,000 | About ₹30,91,248 |
Remember to budget for
- Margin money: 5% (India) / 15% (abroad) above ₹4 lakh
- Moratorium interest if you will not service it during study
- Exchange-rate moves for study abroad (keep a 5%–10% buffer)
- Costs not financed, such as application fees and some pre-departure expenses
Frequently asked questions
What starting salary should I plan for?
Use a conservative figure from your institute’s placement report, and assume EMIs of no more than 30%–40% of take-home pay in the first job.
For information and comparison only. Loan terms, rates and rules change — confirm with the lender and read the Key Facts Statement before borrowing.