Loan Comparison
Compare two loans side by side. Find the cheaper loan instantly.
Principal (₹)₹10.00 L
Interest rate (%)8.50%
Tenure (years)20 yrs
Processing fee (%)0.50%
Monthly EMI₹8,678
Total interest₹10.83 L
Processing fee + GST₹5,900
Total cost₹20.89 L
Principal (₹)₹10.00 L
Interest rate (%)8.75%
Tenure (years)20 yrs
Processing fee (%)0.75%
Monthly EMI₹8,837
Total interest₹11.21 L
Processing fee + GST₹8,850
Total cost₹21.30 L
Cheaper loan
Loan A — SBI wins
Saves you ₹41,080 in total cost
EMI difference
₹159/mo
| Metric | Loan A — SBI | Loan B — HDFC | Difference |
|---|---|---|---|
| Monthly EMI | ₹8,678✓ | ₹8,837 | ₹159 |
| Total interest | ₹10.83 L✓ | ₹11.21 L | ₹38,130 |
| Total payment | ₹20.83 L✓ | ₹21.21 L | ₹38,130 |
| Processing fee+GST | ₹5,900✓ | ₹8,850 | ₹2,950 |
| Total cost | ₹20.89 L✓ | ₹21.30 L | ₹41,080 |
| Loan closes in | 20Y 0M✓ | 20Y 0M | 0Y 0M |
Total cost comparison
Loan A — SBI
₹20.89 L
Loan B — HDFC
₹21.30 L
Loan A — SBI
Principal 48%Interest 52%
Loan B — HDFC
Principal 47%Interest 53%
Related tools