Moratorium EMI Calculator
Calculate the impact of loan payment moratorium on your EMI and total interest cost
Loan Moratorium Calculator
Loan Details
Current outstanding loan balance
Annual interest rate on loan
Remaining loan term
Moratorium Settings
How interest is handled during moratorium
How loan is restructured after moratorium
Duration of payment suspension
Interest compounding frequency
Moratorium Impact Analysis
Payment Comparison
| Without Moratorium | With Moratorium | Difference | |
|---|---|---|---|
| Monthly Payment (EMI) | ₹36,398 | ₹42,298 | ₹5,900 more |
| Interest Payment | ₹13,67,793 | ₹15,68,161 | ₹2,00,367 more |
| Total Payment | ₹43,67,793 | ₹45,68,161 | ₹2,00,367 more |
| Loan Term | 10 years | 9 years | no change |
Moratorium Cost Breakdown
Loan Restructuring
Important Considerations
Example Calculation
Home Loan Moratorium Example
Loan Amount: ₹30,00,000
Interest Rate: 8% per annum
Original Term: 10 years (120 months)
Moratorium Period: 12 months
Interest Treatment: Capitalized
Calculation Results
Original EMI: ₹36,398
Moratorium Interest: ₹2,48,999
New Balance: ₹32,48,999
New EMI: ₹42,298 (16% increase)
Additional Total Cost: ₹2,00,367
Types of Moratorium
Complete Moratorium
Both principal and interest payments are suspended. Interest is typically capitalized.
Partial Moratorium
Only principal payment is suspended. Interest must be paid during moratorium period.
Reduced EMI
EMI is reduced for a specific period but not completely suspended.
Interest Treatment Options
Capitalized Interest
Interest is added to principal balance monthly, increasing the loan amount
Paid Interest
Interest is paid during moratorium, principal balance remains unchanged
Before Opting for Moratorium
Significantly increases total loan cost
May affect credit score if not managed properly
Check eligibility criteria with your lender
Understand all terms and conditions
Consider partial payments if possible
Explore other options like loan restructuring
Understanding Loan Moratorium
What is a Moratorium?
A moratorium is a temporary suspension of loan payments granted by lenders during financial hardship. While it provides immediate relief, it significantly increases the total cost of the loan due to accumulating interest.
When to Consider?
- •Job loss or significant income reduction
- •Medical emergencies or family crisis
- •Business losses or economic downturns
- •Natural disasters affecting income
Calculation Formulas
Capitalized Interest:
Interest = Balance × ((1 + r)^n - 1)
Paid Interest:
Interest = Balance × r × n
- Balance: Outstanding loan amount
- r: Monthly interest rate
- n: Number of moratorium periods
Important: Always consult with your lender before making decisions. This calculator provides estimates and actual terms may vary.
Alternatives to Moratorium
Better Options:
- • Loan restructuring with extended tenure
- • Partial payments during difficult period
- • Interest-only payments temporarily
- • Top-up loan for immediate liquidity
Emergency Measures:
- • Personal loan for EMI payments
- • Liquidate investments if necessary
- • Seek help from family members
- • Negotiate with lender for reduced EMI