Compare two loan offers side by side
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Fill in the fields above and select Calculate for an instant estimate.
Computed in your browser from the same formulas the full app uses — it is not saved and does not factor in every detail (taxes, exact compounding dates, fees) the way a saved scenario does. Sign in to save, share, or view history →
Two independent EMI calculations are run side by side (principal, rate, tenure, processing fee for each), and the total cost of each loan is compared to name the cheaper option.
Compare two loan offers side by side
You will need: Loan 1: Amount, Loan 1: Interest Rate (% p.a.), Loan 1: Tenure (months), Loan 1: Processing Fee (%), Loan 2: Amount, Loan 2: Interest Rate (% p.a.), Loan 2: Tenure (months), Loan 2: Processing Fee (%).
It shows Better Option, Savings, computed instantly from the values you enter.
Yes, this calculator is free to use. Sign in to save your scenarios, view your calculation history, or share results directly in a Goonjar chat.
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