Balance Transfer Calculator

Loan & Repayment Details

Original loan

Loan Amount

₹

Interest Rate

% p.a.

Original Tenure

months

Repayment so far

EMIs Already Paid

EMIs

Outstanding Balance

—

Remaining Tenure

—

EMIs paid: —

New loan offer (after BT)

Interest Rate

% p.a.

Tenure

months

Cost of switching

Foreclosure / Prepayment Charge

₹

Check your loan agreement — floating-rate loans to individuals often carry nil charges.

New Loan Processing Fee (optional)

₹

BT Results

Net Benefit of Switching

—

Switch Recommendation

—

Interest Saved

—

Switching Cost

—

Monthly EMI

Continue as-is —

After BT —

—

Interest Over Remaining Term

Continue as-is —

After BT —

—

Total Repayment

Continue as-is —

After BT —

—

One-time switching cost

Foreclosure charge₹0

Processing fee₹0

Total upfront cost₹0

Outstanding balance is worked out using standard reducing-balance amortisation on the original loan. Estimate excludes part-prepayments already made or any rate changes since disbursal — confirm exact figures with your lender before deciding.