What this calculator does
- Computes EMI from principal, rate, and tenure
- Calculates total interest over the full loan term
- Adjusts for processing fee on net disbursal
- Works for any loan amount and rate combination
Calculator
EMI Calculator
Know your exact monthly EMI, total interest outflow, and net disbursal before you accept any takeover offer. A 0.5% rate difference on ₹40L over 20 years saves over ₹3 lakh.
Rate comparison — ₹40L loan, 20-year tenure
See what even half a percent change does to your total payout.
| Rate | Monthly EMI | Total Interest | Total Payout |
|---|---|---|---|
| 8.5%(current avg) | ₹34,713 | ₹43,31,103 | ₹83,31,103 |
| 8% | ₹33,458 | ₹40,29,825 | ₹80,29,825 |
| 7.5% | ₹32,224 | ₹37,33,695 | ₹77,33,695 |
Includes 0.5% processing fee. Actual EMI may vary by lender.
₹5,97,408
Total interest saved
Moving from 8.5% to 7.5% on a ₹40L loan over 20 years saves this much in total interest — without any change to your monthly budget. That's the power of a rate takeover.
Best used when
- Comparing your current EMI vs. a takeover offer
- Evaluating impact of rate change before signing
- Calculating savings from a balance transfer
- Planning home loan tenure reduction