ZenMarg calculator
Home loan balance transfer calculator
Compare your current EMI with a possible new lender using the same remaining tenure. Enter your own switching costs for a more useful estimate.
How this is calculated
The calculator applies the inputs you provide to the relevant loan formula and shows an illustrative result. It does not account for every lender policy, fee, tax, insurance or property-specific condition.
Assumptions
- The comparison keeps the remaining tenure the same.
- Switching costs are entered by you and may vary by lender and transaction.
- Rates are illustrative and can change; this does not compare lender offers.
Frequently asked questions
What should I include in switching costs?
Include processing fee, legal and valuation charges, and stamp duty or registration charges if any apply. Confirm every item with the lender.
Does a lower EMI always mean a saving?
Not necessarily. A longer tenure can reduce EMI while increasing total interest, which is why this calculator keeps the remaining tenure unchanged.
Should I ask my current lender first?
Yes. A rate revision or repricing from your current lender may be simpler than transferring, depending on its offer and your loan terms.
Continue exploring
Estimate only. Not a loan offer or approval. Your lender's figures may differ.