Compare Interest Rates
Compare EMI and total interest across multiple rates side by side. Add up to 5 rates to find the best deal.
Interest Rates
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Rate Comparison
| Rate | Monthly EMI | Total Interest | Total Payable |
|---|---|---|---|
| 8% Best | ₹10,138 | ₹1,08,292 | ₹6,08,292 |
| 10% | ₹10,624 | ₹1,37,411 | ₹6,37,411 |
| 12% | ₹11,122 | ₹1,67,333 | ₹6,67,333 |
Total Interest Comparison
Frequently Asked Questions
How much does a 1% difference in interest rate matter? ▼
On a ₹50L home loan for 20 years, a 1% lower rate saves approximately ₹7–8 lakh in total interest. Even a 0.5% difference can save ₹3–4 lakh. Always negotiate for the best rate before accepting a loan offer.
How can I get a lower interest rate on my loan? ▼
Maintain a high CIBIL score (750+), have a stable income, reduce existing debt, negotiate with multiple lenders, and consider transferring your loan to a lender offering a lower rate (balance transfer).