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Compare Loan EMI Options Instantly

Use this loan comparison calculator to compare up to four different loan scenarios side-by-side. Easily analyze EMI, interest payable, and total repayment for various loan amounts, interest rates, and tenures before making a financial decision.

This tool is ideal for comparing home loans, personal loans, car loans, and business loans, helping you identify the most cost-effective option with clarity.

Disclaimer: This EMI calculator is for reference only. Actual values depend on your lender’s terms.

Compare up to 4 Loan Options

EMI Calculator – Frequently Asked Questions

What is EMI?

EMI (Equated Monthly Installment) is the fixed amount you pay every month to repay a loan, including both principal and interest.

How is EMI calculated?

EMI is calculated using the loan amount, interest rate, and loan tenure using a standard amortization formula.

Does prepayment reduce EMI?

Yes, making a prepayment reduces the outstanding principal and can lower total interest or reduce loan tenure.

Tips to get lower EMI

  • Increase tenure to reduce monthly EMI.
  • Make part‑prepayments early to cut interest.
  • Compare lenders and processing fees.
  • Improve credit score for better rates.
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