Be it buying a car, buying a home or affording kids overseas education, loans play a vital role in our life.
However, when we talk about loans, the most important word associated with it is EMI. EMI, which stands for equated monthly installment, is the monthly amount payments we make towards a loan we opted for.
With this calculator you can calculate the expected EMI for any loan and compare the conditions offered by two different banks/firms in a very simple way and save a TON of money in the process!!
Loan Term ( in Months )
Down Payments ( If applicable )
Annual Interest Rate offered by Company 'A' (in %)
Annual Interest Rate offered Company 'B' (in %) (₹) You can get easy loans at FundsTiger for only around 12-18% per annum !!
|Factors Impacting your Choice||Company 'A'||Company 'B'|
|Total Interest Paid||0||0|
|Total Amount Paid||0||0|
If you choose Company 'B' over 'A', you can save:
|In EMI's ( Per Month )||0|
|In Total Interest Paid||0|