⏸️ EMI Moratorium Calculator
Loan moratorium ka real cost dekho. Interest accrues during pause — total cost badh jata hai.
ORIGINAL EMI
₹21,696
INTEREST ACCRUED DURING PAUSE
₹1,03,654
Added to outstanding principal
Two Options After Moratorium
Option A: Same Tenure, Higher EMI
₹22,634
+₹939/month vs original
Tenure stays at 240 months
Option B: Same EMI, Longer Tenure
₹21,696
EMI unchanged
+24 extra months (2.0 years)
⚠️ Real Cost of Moratorium
💸 Extra interest paid: ₹2,02,726
📊 Outstanding before moratorium: ₹23,96,091
📈 Outstanding after moratorium: ₹24,99,745
⚠️ Moratorium does NOT waive interest — it just defers EMIs while interest compounds
📚 Should You Take Moratorium?
- ✅ Use only in genuine emergencies (job loss, medical)
- ❌ Don't use as "free money" — it's expensive deferred debt
- 💡 Better alternative: Pay only interest portion if possible
- 💡 If essential: Choose Option B (same EMI) to limit shock
- 📞 Contact your bank for exact terms — moratorium policies vary