Compare Loans
Compare two loan offers side by side. See EMI, interest paid, and total cost differences instantly.
Loan A
Loan B
Loan A
โน43,391 /mo
Total Interest
โน54,13,879
Total Payment
โน1,04,13,879
Loan B
Cheaperโน50,713 /mo
Total Interest
โน41,28,399
Total Payment
โน91,28,399
Verdict
Loan B saves you โน12,85,480 in total payment.
How to compare two loan offers
Looking at the monthly EMI alone misses the full picture. A slightly lower rate on a longer tenure often costs more total interest than a higher rate on a shorter one. Always compare total interest paid and total payment, not just the EMI.
Related Calculators
View all โEMI
Calculate EMI for home loan, car loan, and personal loan instantly with full amortization schedule.
Calculate โ
Home Loan
Calculate your home loan EMI with current bank rates and view a complete year-wise amortization schedule.
Calculate โ
Personal Loan
Calculate personal loan EMI for SBI, HDFC, ICICI, Axis, Kotak and other banks.
Calculate โ
Car Loan
Calculate car loan EMI including on-road price, insurance, and RTO costs.
Calculate โ
Education Loan
Calculate EMI on education loans including moratorium period (course duration plus grace).
Calculate โ
EMI Affordability
Check the maximum EMI you can afford based on your salary using the safe 50% FOIR rule.
Calculate โ
Found this helpful?
Share it with a friend โ they'll probably find it useful too.