u/CharacterAd4557

I need a room mate for 2 bed AC next year, dm if interested.

AIIMS tuition is around ₹1,628 per year. A private medical college like KMC Manipal or MS Ramaiah charges ₹13-17 lakh per year. Most students know this gap exists but have not actually run the numbers on what the EMI looks like five years from now when repayment starts.

Built a calculator that does this. You pick your college and course, it pulls the fee structure, adds living costs, and shows you the monthly EMI at current bank rates. Then it checks that EMI against your expected starting salary as a doctor to tell you if it is manageable or not.

The medical section is newer than the engineering one so the college list is smaller for now. Currently have AIIMS Delhi, JIPMER, MAMC, KGMU, KMC Manipal, MS Ramaiah, and a few others. Adding more.

If your college is not there, let me know and I will add it. Also open to feedback on whether the numbers match what you have seen in your research.

Started this after reading about how common education loan anxiety is among students, especially when the real cost of a degree is split across so many categories that nobody adds up properly.

Most calculators only ask for loan amount and interest rate. This one builds up the loan amount from scratch — tuition per year, hostel, books, laptop, exams, travel — so you see where the money actually goes before you borrow it.

Then it runs the standard reducing balance EMI calculation (same formula banks use) and checks it against your expected starting salary. Green means comfortable, amber means stretched, red means high risk.

It is still an early version. I have around 40 engineering colleges and a handful of medical colleges in the database right now. The fee data comes from official fee circulars and NIRF placement reports so it should be reasonably accurate, but I am still adding more institutions.

Works for both engineering and medical —there is a tab to switch. Feedback on missing colleges or wrong numbers would genuinely help.