Under Development: DhanRadar is currently in pre-release. All content is for testing purposes only, may be inaccurate or incomplete, and should not be relied upon or used for any financial or investment decisions until the official launch.

←
Interest Savings Calculator
How much interest a lower rate or shorter tenure saves.
Loan A
Loan AmountHow much you borrow
₹1,00,000₹10,00,00,000
Interest RateThe yearly interest rate
5%20%
TenureYears to repay
1 yr30 yrs
Monthly EMI₹43,391/mo
Total Interest₹54,13,879
Total Payment₹1,04,13,879
Loan B
Lower total cost
Loan AmountHow much you borrow
₹1,00,000₹10,00,00,000
Interest RateThe yearly interest rate
5%20%
TenureYears to repay
1 yr30 yrs
Monthly EMI₹50,713/mo
Total Interest₹41,28,399
Total Payment₹91,28,399
✦

The Comparison

Loan B costs ₹12,85,480 less in total over its term. Its EMI differs by ₹7K/mo — a lower EMI usually means a longer tenure and more total interest, so weigh monthly affordability against total cost. These are your own numbers, not a recommendation.

Loan ALoan B
Monthly EMI₹43,391₹50,713
Total Interest₹54,13,879₹41,28,399
Total Payment₹1,04,13,879₹91,28,399

For education only — not financial advice. This is a factual cost comparison of the numbers you entered, not a recommendation to choose either loan. Lenders' actual terms, fees, and eligibility vary.

✦

Related Calculators

Home Loan EMI Calculator
See your monthly EMI and how much interest you pay over the loan.
Loan Prepayment Calculator
See how prepaying cuts your loan tenure and interest.
Loan Comparison Calculator
Compare two loan offers side by side.

Calculations are estimates for illustration only and assume a constant annual return, which real markets do not provide. DhanRadar is a research & analytics platform, not an investment advisor. Mutual fund investments are subject to market risks.