EMI Comparison Calculator

Compare monthly EMI, total interest and total payment of two loan options side by side.

Loan A

Loan B

FAQs

How is EMI calculated?

EMI = P×r×(1+r)^n / ((1+r)^n − 1), where r is monthly rate and n is months.

Which loan should I pick?

The one with lower total payment is cheaper, but also consider tenure and monthly affordability.