Loan Balance Transfer Calculator
Should you switch to a lower rate? Find out your exact EMI savings and break-even point after transfer charges.
🏦 Current Loan (Old Bank)
🆕 New Lender Offer
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Net Lifetime Savings after all transfer costs
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Old EMI
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New EMI
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Monthly Saving
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Break-even (months)
📊 Comparison
| Metric | Old Loan | New Loan | Saving |
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⚠️ Note: This calculator assumes same remaining tenure and no prepayments. Balance transfer is most beneficial early in the loan (when interest component is high). Check your existing loan's foreclosure clause before proceeding — floating rate loans typically have nil penalty, fixed rate may charge 2–4%.