Chaining a real projection into a real loan calculation
A 4-year program costing ₹2,00,000 today, inflating at 8% a year, totals a real projected ₹9,01,222.40. Feeding that exact figure into the education loan calculator as the loan amount, with a matching 4-year (48-month) moratorium and a 10-year repayment at 9.5%, shows ₹4,14,650.85 in moratorium interest accruing before repayment even starts — growing the principal to ₹13,15,873.25, and producing an EMI of ₹17,027.08 across a total repayment of ₹20,43,249.60.
Why the loan's real cost exceeds the college's projected cost by so much
The ₹9,01,222.40 figure only projects what the college itself will charge — it says nothing about the cost of financing that amount. Once a loan sits in moratorium for the entire 4-year program (accruing and compounding interest the whole time, with no payments made), the amount actually owed by graduation is already meaningfully larger than what was borrowed, before a single rupee of scheduled repayment has occurred.
Why the moratorium length should match the actual program length
Using a 4-year moratorium to match the 4-year program (rather than an arbitrary shorter period) is what makes this chain realistic — a loan taken out at the start of college naturally sits in moratorium for the program's full duration plus any additional grace period, since no EMI is expected while still studying.
The planning takeaway
A college cost projection alone understates what a fully-loan-financed education actually costs — chaining the projected total into a real loan calculation, with a moratorium matched to the actual program length, gives a more complete picture of what will need to be repaid after graduation.