Calculators & Money guides
EMI, GST, tax and everyday calculations with worked examples.
How FD Interest Is Calculated (Quarterly Compounding)Most Indian bank FDs compound quarterly, not annually. See the formula, a worked example on Rs 1 lakh, and why the effective rate beats the card rate.SIP of Rs 5,000 a Month for 10, 15 and 20 YearsSee what a Rs 5,000 monthly SIP grows to over 10, 15 and 20 years at assumed 8%, 10% and 12% annual returns, with the formula and worked example.RD Calculation Example: Rs 5,000 per Month for 5 YearsWorked example of a recurring deposit: Rs 5,000 a month for 5 years at an assumed 5% rate, with total deposit, interest and maturity value.SIP Returns Formula Explained (With Example)See the exact future value formula SIP calculators use, worked through with example numbers. Returns are never guaranteed, so the rate used is an assumption.Loan Prepayment: Reduce EMI or Reduce Tenure?When you prepay a loan, keeping the tenure shorter usually saves more interest than lowering the EMI. Worked example with numbers for both options.EMI on a Rs 30 Lakh Home Loan: 10, 15, 20 and 30 YearsSee EMI for a Rs 30 lakh home loan across 10, 15, 20 and 30 year tenures at three example rates, plus the total interest trade-off for each option.EMI Formula Explained With a Worked ExampleEMI = P x r x (1+r)^n / ((1+r)^n - 1). See a full worked example for Rs 5 lakh at 9% over 5 years, plus a month-by-month interest vs principal split.