Better Option

Loan B

Saves ₹7.71 L in interest

Loan A - Monthly EMI

₹26,035

Loan B - Monthly EMI

₹30,428

Loan A - Total Interest

₹32.48 L

Loan B - Total Interest

₹24.77 L

EMI Difference

₹4,393

per month
Side by Side Comparison
Detailed Comparison
MetricLoan ALoan BDifference
Loan Amount₹30.00 L₹30.00 L₹0
Interest Rate8.5%9.0%0.5%
Tenure20 years15 years5 years
Monthly EMI₹26,035₹30,428₹4,393 less
Total Interest₹32.48 L₹24.77 L₹7.71 L more
Total Payment₹62.48 L₹54.77 L₹7.71 L more
Enter details for both loans and instantly see which option saves you more money. The comparison considers EMI amount, total interest paid, and total cost of each loan.