Finance Calculators

Most borrowing decisions in India get made on the EMI alone, which suits the lender fine. Any EMI can be made to look comfortable by stretching the tenure, and the extra interest that buys never appears on the quote.

These calculators put the total next to the monthly figure. The EMI calculator also reports the flat rate your reducing-balance rate is equivalent to, which is the one number you need when a dealer or NBFC quotes "7 percent flat" and it sounds cheaper than the bank.

The home loan page adds the cash you need on registration day, stamp duty and all, because that is where buyers actually come up short. The personal loan page works out what the processing fee does to your real rate. Every figure is an estimate; banks differ in rounding and in what they fold into the disbursement, so use these to compare offers on the same basis and then read the sanction letter.