Loan Comparison
Compare up to three loan offers side by side for the same loan amount, and instantly see which lender has the lowest EMI, total interest, and total cost.
About the Loan Comparison
When shopping for a loan, the headline interest rate alone can mislead — tenure and total interest matter just as much. This tool holds the loan amount constant across offers so you compare lenders on equal footing, ranking them by total payment and highlighting the cheapest.
Frequently asked questions
- How do I compare two loan offers fairly?
- Keep the loan amount the same and compare the EMI, total interest, and total payment over the full tenure. The cheapest offer is the one with the lowest total payment, which this calculator highlights automatically.
- Does a lower interest rate always mean a cheaper loan?
- Not necessarily. A lower rate with a longer tenure can cost more in total interest than a slightly higher rate over a shorter tenure. Always compare the total payment, not just the rate.