Loan Comparison Calculator
Compare different loan options and analyze their costs
Comparison Results
About Loan Calculations:
- Monthly EMI = P × r × (1 + r)ⁿ / ((1 + r)ⁿ - 1)
- P = Principal amount
- r = Monthly interest rate (annual rate ÷ 12)
- n = Total number of months
- Total Interest = (Monthly EMI × Total months) - Principal
- Total Amount = Principal + Total Interest