Loan Details
₹5,00,000
₹10,000₹50,00,000
10%
1%30%
3 yrs
1 yrs20 yrs
Flat Rate EMI
₹18,056
Total Interest: ₹1,50,016
Reducing Rate EMI
₹16,134
Total Interest: ₹80,824
You save ₹69,192
by choosing the reducing rate method over flat rate
Compare monthly EMI in flat and reducing balance interest rate schemes.
Flat Rate EMI
₹18,056
Total Interest: ₹1,50,016
Reducing Rate EMI
₹16,134
Total Interest: ₹80,824
You save ₹69,192
by choosing the reducing rate method over flat rate
Disclaimer: Results are for illustrative purposes only. Actual returns may vary based on market conditions, regulatory changes, and individual circumstances. Please consult a SEBI-registered financial advisor before making investment decisions.