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Balance Transfer Calculator
See whether switching lenders is worth it once switching costs and lifetime interest are both accounted for — never just because the EMI falls.
Your existing loan
New lender
Balance transfer outcome
Marginally beneficial- New EMI
- ₹39,390/mo
- Monthly EMI saving
- ₹2,379
- New tenure
- 15 yr
- Break-even period
- 17 months
- Saving in 12 months
- ₹-127
- Saving in 24 months
- ₹39,372
Lifetime saving (net of switching cost)
₹3.88 L
A transfer is never called beneficial only because the EMI falls. A longer tenure can lower the EMI while increasing the total interest paid — the recommendation always weighs lifetime cost against the switching cost.
All calculations, rates, eligibility values and savings estimates are indicative. Final interest rate, fees, eligibility, sanction and disbursement remain subject to the lender's policies, verification and approval.
Demo data. Lender names, logos and rates shown here are fictional and for illustration only — they are not current offers from any real bank, HFC or NBFC.
Demo data — illustrative only