Loan Comparison Calculator

Fees, tenure, and whether the rate is flat or reducing balance all affect total cost. A slightly higher rate with a shorter tenure or lower fees can sometimes cost less overall than a lower-rate offer with a longer tenure.

You can enter multiple offers — each with its own loan amount, rate, and tenure — and see their EMI and total cost laid out together for direct comparison.

This tool compares two or more fresh loan offers you're choosing between. Refinance specifically compares your existing loan against a new one you'd switch to, factoring in any switching costs.

Not without adjusting — a flat rate and a reducing-balance rate at the same percentage aren't equivalent in cost. Use the Flat to Reducing Rate calculator first to put them on a comparable basis.

If your offers include processing fees or other charges, add them to the loan amount or total cost manually for a fully accurate comparison, since fee structures vary by lender.