Loan Balance Transfer Calculator

Calculate savings from transferring your loan to a lower interest rate

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Frequently Asked Questions

When should I transfer my loan?

Consider balance transfer if the interest rate difference is at least 1-2% and you have significant tenure remaining. Factor in processing fees and other charges.

What is Break-Even Period?

Break-even period is the number of months it takes to recover the processing fee through monthly EMI savings. For example, if your processing fee is ₹10,000 and you save ₹2,000 per month on EMI, your break-even period is 5 months. After this period, you start making actual savings. A shorter break-even period means the balance transfer is more beneficial.