Balance Transfer Savings Calculator
Compare the projected cost of continuing your current loan with a potential balance transfer.
Current Loan
Forty Lakh Rupees
Balance Transfer Assumptions
Enter your estimated one-time costs for completing the balance transfer.
Projected Net Savings
₹5,49,175
Monthly EMI Reduction₹3,106/month
Interest Saving₹5,59,175
Current Loan
15 years remaining
Current Monthly EMI:₹42,496
Remaining Interest Payable:₹36,49,300
Remaining Total Repayment:₹76,49,300
After Balance Transfer
15-year new tenure
Proposed Monthly EMI:₹39,390
New Interest Payable:₹30,90,125
Estimated Switching Costs:₹10,000
Total Cost After Transfer:₹71,00,125
Results are planning estimates based on the assumptions entered and are not a recommendation or guarantee of balance-transfer eligibility.
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Calculator Disclaimer: This calculator provides an indicative comparison based on the values you enter. Projected savings or additional cost depend on the outstanding loan amount, interest rates, remaining and new tenure, and the switching costs entered. Actual lender rates, fees, foreclosure or prepayment charges, legal or valuation costs, eligibility and other terms may differ. A lower monthly EMI does not necessarily mean a lower overall borrowing cost.
