This calculator helps you to find the EMI amount you need to pay on the amount you have borrowed for a particular rate of interest & tenure. You will have to enter the amount you wish to borrow along with the interest rate and tenure to determine your EMI.

Advance EMI Calculator

Advance EMI scheme is a common feature of loans offered by most financial institutions. In this scheme, you agree to make a payment of one or two EMI in advance to the financial institution. Generally financial institutions deduct this amount from the loan amount disbursed. Note that the entire advance EMI amount goes to reduce the principal loan amount. Subsequent EMI payments are counted towards both the principal and the interest parts of the loan.
This calculator is an advanced version of EMI calculator in which you can find the actual rate of interest after considering the Number of Advance Installments deducted at the time of availing the loan

Loan Comparison

With the help of this calculator, you can compare two loans with different Loan Amount; Tenure & Interest Rate (Any One) which will help you analyze two loans with different conditions and hence help you to select the loan which will be cheaper to you.

Flat Vs Reducing rate Calculator

Every time you pay your EMI it consists of both Interest portion and principal portion. Most people are confused about flat rate and reducing balance interest rate. Flat rates are usually lower than reducing balance rates and the normal human tendency is to opt for a rate that is lower because this seems to suggest that the burden on a borrower will be less. But that’s the catch?
Thus it is very important to understand how financial institutions calculate the interest rate on a loan before going to apply for the same. Well to describe it simply, when you take a loan for a particular tenure, you need to repay not only the principal amount within that tenure but also the interest on the loan. How the bank/ financier calculate the interest is very important. ‘A% p.a.’ charged on Flat basis is certainly not same as ‘A% p.a.’ charged on Reducing / Diminishing Balance.
With the help of this calculator, you can calculate the Flat rate if reducing rate is given and vice versa which will help you to understand actual rate being charged to you while availing loan.

Rent Vs Buy Comparison

With the help of this calculator, you can find out whether to live in a Rented House or to buy a House. This calculator considers Monthly Rental, No. of Applicants, Sale Price, % of loan to be financed, Loan Tenure, Interest Rate, Income Tax Slab & expectation in Property Value Appreciation.

Home Saver Calculator

With the help of this calculator, you can find out the Interest Amount Saving & Tenure Saving if you are paying an excess amount per month in addition to the regular EMI on your loan if you have some additional funds.

Balance Transfer Calculator

At this point of time, there is lot of competition among financial institutions for the customers due to which they offer lesser rate of interest compare to other financial institution. With the help of this calculator, you can calculate saving / loss in Interest amount if you are shifting your loan to other financial institutions. It considers factors like Loan Amount, Tenure, Interest Rate, Number of EMIs Paid, Prepayment Fees and Current Outstanding.
It will help you make a decision whether to transfer the loan or not.

Effective Rate Calculator

While considering the rate of interest on loan or saving, it is very important to consider Inflation rate on the amount which gives the true picture of interest rate on the loan. This calculator helps you to calculate the Effective Rate of Interest on your loan or investment with consideration of Inflation.