Loan Amount Outstanding
Annual Interest Rate offered on your existing personal loan (in %)
Annual Interest Rate proposed by another lender ( Bank/NBFC) (in %) (₹) You can get easy loans at Omozing starting at only around 12% per annum !!
Here is the comparison for your 2 loan options:
|Factors Impacting your Choice||Personal Loan||Lender's loan|
|Total Interest Paid||0||0|
|Total Amount Paid||0||0|
If you choose Lender's loan over personal loan, you can save:
|In EMI's ( Per Month )||0|
|In Total Interest Paid||0|
How to use this CalculatorWith this calculator, not only can you calculate your monthly EMI's, but you can also compare the differences between offers of two different bank/Financial institutions.
To use the calculator, you can follow these simple steps:
- Input the amount for which you're planning to take the loan for
- Input the number of months for which you're planning to take the loan for.
- You may opt for a certain Down-payment( like when you buy your dream house ). Put in whatever amount you're planning to pay upfront. This is optional so you may choose to put '0' as well.
- Put in the interest rate the first company is offering you.
- Put in the interest rate the second company is offering you.
- Click the button to get the results in a simple yet informative tabular form.