Stop Guessing.
Can You Actually Afford That EMI?
India's free loan simulator. Enter your income and the loan details, get an EMI affordability score, stress-test against job loss or emergencies, and see what a SIP would grow to instead.
Free EMI calculator · No PAN · No bank login · Cancel anytime.
Simulation #1
Tata Nexon EV - 5 Year EMI
After this EMI, you'll have
New EMI of ₹26,100/mo added to your commitments
Where your income goes
Monthly EMI
₹26,100₹26,100
Interest to bank
₹3,06,000₹3,06,000
Total paid
₹15,66,000₹15,66,000
Your total debt-to-income ratio will be 46.7%, banks flag anything above 50% as high risk.
Loan Amortization Schedule
What if you invested instead?
Same ₹26,100/month, different destination.
Invested for 5 years at 12% returns
That's +₹5,87,000 more than what the EMI route costs you in total.
12% p.a. return assumed. SIP returns are market-linked and not guaranteed.
Hypothetical projection at 12% p.a. Past performance does not guarantee future returns. Not financial advice.
Simulation #1
Tata Nexon EV - 5 Year EMI
After this EMI, you'll have
New EMI of ₹26,100/mo added to your commitments
Where your income goes
Monthly EMI
₹26,100₹26,100
Interest to bank
₹3,06,000₹3,06,000
Total paid
₹15,66,000₹15,66,000
Your total debt-to-income ratio will be 46.7%, banks flag anything above 50% as high risk.
Loan Amortization Schedule
What if you invested instead?
Same ₹26,100/month, different destination.
Invested for 5 years at 12% returns
That's +₹5,87,000 more than what the EMI route costs you in total.
12% p.a. return assumed. SIP returns are market-linked and not guaranteed.
Hypothetical projection at 12% p.a. Past performance does not guarantee future returns. Not financial advice.
Designed for fast, private financial decisions
Banks show you the EMI.
Nobody shows you the full picture.
Your bank wants to give you the loan. They calculate what you can pay, not what it will cost you, not what it will do to your savings, not what you're giving up. That's where we come in.
The EMI looks small. The total interest isn't.
A ₹10,000/month EMI over 5 years hides ₹1.8 lakh of interest most people never calculate before signing.
Nobody prepares you for the bad month.
What happens when your salary is delayed? One stress test shows you exactly how many months your savings survive before you'd default.
The SIP you didn't start is the wealth you'll never see.
That EMI amount, invested monthly in SIP, compounds into a number that permanently changes how you think about debt.
Every tool you need before
you sign that loan.
Not just an EMI calculator. A full loan affordability engine.
Your EMI affordability score, before the bank decides.
Enter your income, expenses, and savings. Get a SAFE / CAUTION / RISK verdict based on your Debt-to-Income (DTI) ratio, the same metric Indian banks use internally, but never show you.
What if the worst happens?
Simulate salary delays, job loss, and emergency expenses. See exactly how long your savings hold.
See the wealth you're giving up.
Skip the EMI, invest it instead. See exact wealth at 12% annual returns.
Every decision, saved.
All your simulations stored to your account. Compare and track your financial thinking over time.
Download your full report.
Export a clean, shareable PDF. Show it to a partner, CA, or file it for reference.
Zero data selling. Zero bank logins. Completely yours.
We never ask for your PAN, Aadhaar, or bank account. You enter numbers, we run the math. Nothing is shared, sold, or used for targeting. Ever.
From loan query to affordability verdict, in under 3 minutes.
Set Your Baseline
Tell us your monthly take-home pay, fixed expenses, liquid savings, and existing EMIs. No bank account link. No PAN. Just the numbers you already know.
Define the Purchase
Enter the purchase price, down payment, interest rate, and loan tenure. LoanLens instantly calculates the true total cost, principal plus the hidden interest your bank glosses over.
Get Your Affordability Score
We calculate your Debt-to-Income (DTI) ratio. Below 30% = SAFE. Between 30–50% = CAUTION. Above 50% = RISK. Your EMI affordability score in seconds.
Run Stress Tests
Simulate a job loss, salary delay, sudden ₹50,000 emergency, or 30% pay cut. LoanLens calculates exactly how many EMI months your savings can cover before you'd need to default.
See the SIP Alternative
If you invested the same EMI amount as a monthly SIP instead, what would you build by loan maturity? The rupee figure, and the opportunity cost, will surprise you.
We test what banks never will.
Your bank approves the loan and moves on. We stay and ask the hard questions: What if your income drops 20% next month? What if a sudden ₹50,000 medical emergency hits? We run every scenario against your real cash flow, so the worst case is never a surprise.
Salary Delay
6 months safe
Emergency
3 months safe
Job Loss
2 months safe
Pay Cut
9 months safe
₹12,000 / month for 5 years
12% p.a. return assumed. SIP returns are market-linked and not guaranteed.
Every EMI hides an opportunity cost. Here's the number.
Every EMI you commit to is a SIP you didn't start. Invest ₹12,000/month, the same as a typical car loan EMI, in a SIP for 5 years at 12% annual returns, and you'd accumulate ₹9.8 lakh. That's the true cost of the loan: the opportunity cost no EMI receipt ever shows you.
Built for anyone making a big financial call.
Buying your first car on EMI?
Validate the EMI before you sign the dotted line. Know your DTI, your risk, and your alternatives, in 3 minutes.
Planning a home loan?
Know your real affordability score before the bank does. Run the stress tests they never will.
Buying on 12-month EMI?
That phone, laptop, or appliance on no-cost EMI? It still has a cost. Know if it's actually safe for your cash flow.
Already investing in SIP?
See how a new EMI competes with your wealth-building goals, and decide if the debt is worth the trade-off.
No credit card. No bank login. 3 simulations included.
Honest pricing. No hidden EMIs.
Start with 3 simulations, no card needed. Upgrade when it makes sense for you.
- 3 lifetime simulations
- Affordability score
- DTI ratio
- SIP alternative view
- 2 edits per simulation
No card required
- Unlimited simulations
- Full history + search
- All 4 stress scenarios
- Future income projections
- PDF export
- SIP reminder emails
Cancel anytime
- Everything in Pro Monthly
- ~7 months free vs monthly
- Priority support
~₹83/month · Cancel anytime
- Everything in Pro
- Never renews
- Early access to features
- Limited to 100 seats
100 of 100 seats remaining
Your finances stay completely yours.
We don't ask for your bank account. No PAN, no Aadhaar, no passwords. You enter numbers, we run the math. Nothing is shared, sold, or used for any purpose beyond showing you your result.
Make your next big financial decision with confidence.
5 simulations to start. No card. Takes 3 minutes.