Home Loan Balance Transfer Calculator
Compare your existing home loan with a new lender and estimate your EMI, interest and potential net savings after a balance transfer.
Existing Home Loan
Outstanding Loan Amount₹40,00,000
Current Interest Rate9.00%
Remaining Tenure15 Years
The current loan is used as the baseline for calculating the potential transfer benefit.
New Home Loan
New Interest Rate8.00%
New Tenure15 Years
Transfer / Processing Costs₹50,000
Include processing fees and other known transfer costs here to estimate net savings.
Balance Transfer Result
Estimated Net Savings—
Current EMI—
New EMI—
Current Interest—
New Interest—
Gross Interest Saving—
Break-even Period—
Results are indicative. A transfer is generally more attractive when the interest saving exceeds the transfer costs by a meaningful margin.
Current Loan vs New Loan
| Tenure | New EMI | New Interest | Gross Saving | Net Saving |
|---|
How it works: The calculator compares the total interest remaining on your existing loan with the interest on a new loan for the same outstanding principal. Transfer costs are deducted from gross interest savings to estimate net savings. It does not include every lender-specific fee, tax effect, insurance cost or legal/valuation charge unless entered by you.