Compare loans side by side
Weighing two or three loan offers? Enter each one's amount, rate, and tenure. We show the EMI, total interest, and total cost for each — plus charts comparing the monthly outgo and how each balance falls over time. The cheapest option is highlighted automatically.
Results
Monthly EMI vs total interest
Bars show what you pay each month (EMI) and what the loan costs you in interest over its full life.
Outstanding balance over time
Each line shows how the loan balance reduces month by month. A line that reaches zero sooner is a shorter loan.
How to read this comparison
The lowest EMI is not always the cheapest loan. A longer tenure lowers your monthly payment but usually raises the total interest you pay. Use the total cost column — principal plus all interest — as the truest measure of what a loan costs you.
If two offers have a similar total cost, the one with the lower EMI gives you more monthly breathing room, while the one with the shorter tenure gets you debt-free sooner. The balance chart makes that trade-off visual: a steeper line clears the debt faster.
Planning to prepay? Try the Prepayment Optimizer. Comparing your current loan against a refinance offer? The Refinance Breakeven calculator factors in switching fees.