How to compare loan offers effectively?

Compare loans by analyzing: 1. Interest rates (flat vs reducing), 2. Processing fees & charges, 3. Monthly EMI amount, 4. Total interest cost, 5. Prepayment options, 6. Loan tenure flexibility. Our calculator compares all these factors side by side.

What makes a loan offer better than others?

A better loan offer includes: Lower interest rate, minimal processing fees, flexible prepayment options, comfortable EMI, suitable tenure, and lower total cost of borrowing. Consider all these factors rather than just the interest rate.

How much can you save by comparing loans?

Comparing loans can save significantly. For example, on a ₹30 lakh loan for 20 years, a 0.5% lower interest rate can save about ₹20-25 lakh in interest. Even small rate differences compound to large savings over loan tenure.

What factors affect total loan cost?

Total loan cost is affected by: 1. Interest rate type & value, 2. Loan tenure, 3. Processing fees, 4. Insurance premiums, 5. Prepayment charges, 6. Late payment penalties. Compare all costs for accurate analysis.

Loan Comparison Calculator 2026 | Compare Best Loan Offers

Loan Offers to Compare

Loan Offer 1

Lender Name

Loan Amount (₹)

Interest Rate (%)

Tenure

Tenure Type

Processing Fee (%)

Loan Offer 2

Lender Name

Loan Amount (₹)

Interest Rate (%)

Tenure

Tenure Type

Processing Fee (%)

Include Processing Fee in Comparison Processing fee will be added to the loan amount

Loan Comparison Calculator

Loan Offers to Compare

Loan Offer 1

Loan Offer 2

Export Comparison Results

Comparison Results

EMI Comparison

Total Cost Comparison