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Loan Comparison

Compare two loan offers by EMI and total cost.

Loan Comparison

Put two loan offers side by side and see which costs less overall.

Loan A

Monthly EMI

โ‚น21,247.04

Total interest

โ‚น2,74,822.68

Total payment

โ‚น12,74,822.68

Loan B

Monthly EMI

โ‚น20,758.36

Total interest

โ‚น2,45,501.31

Total payment

โ‚น12,45,501.31

Loan B costs โ‚น29,321.37 less in total.

Processing fees and other charges are not included. Estimates for planning only. Actual returns, rates and charges depend on your bank or product.

Please note: Results are estimates for planning only. Tax rules, rates and due dates change, so confirm with your chartered accountant or the official portal before you file, pay or decide.

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How to use Loan Comparison

  1. Enter loan amount, interest rate and tenure for Loan A.
  2. Enter the same for Loan B.
  3. Compare the monthly EMI, total interest and total payment. The cheaper loan overall is shown below.

Good to know: This is an estimate for planning, not financial advice. Real offers can include fees, taxes and different rules. Processing fees are not included, so add them to your comparison yourself.

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