Calculate EMIs, compare bank offers side-by-side, simulate prepayments and balance transfers, and download PDF & CSV schedules.
%
Yrs
%
Total upfront fee: ā¹ 5,900
% / yr
Extra Monthly
Lump-Sum (Amt / Yr)
Calculated Monthly EMI
ā¹ 8,678
Total Interest
ā¹ 1,082,760
Total Payment
ā¹ 2,082,760
ā Principal (48%)ā Interest (52%)
š Prepayment Impact: You save ā¹ 0 in interest and reduce tenure by 0 months!
š Annual Amortization Schedule
Year
Principal Paid
Interest Paid
Total Paid
Remaining Balance
āļø Side-by-Side Loan Offer Comparison
Bank Offer A
Monthly EMI: ā¹ 8,678
Total Interest: ā¹ 1,082,760
Total Cost: ā¹ 2,082,760
Bank Offer B
Monthly EMI: ā¹ 9,613
Total Interest: ā¹ 730,323
Total Cost: ā¹ 1,730,323
š” Comparison Verdict: Offer B saves you ā¹ 352,437 in overall interest!
š Balance Transfer Savings Calculator
Net Savings After Fees
ā¹ 354,210
Monthly EMI Savings
ā¹ 2,120 / month
By transferring your balance, you recover processing fees in just 5 months of EMI savings!
Mastering Your Loan: EMI, Prepayments & Refinancing
An Equated Monthly Installment (EMI) is structured so that initial installments prioritize interest obligations over principal clearance. Leveraging partial prepayments during early loan years directly slashes outstanding principal, drastically cutting overall interest expense.