Fixed vs Variable Loan Calculator
Compare fixed-rate vs variable-rate loans side by side. See which saves more based on your expected rate trajectory.
Your Monthly EMI
โน2,509
Principal
โน3,00,000
Total Interest
โน3,02,237
Total Payable
โน6,02,237
Breakdown
Principal: โน3,00,000 (50%)
Total Interest: โน3,02,237 (50%)
Interest-to-Principal: 100.7%
๐ Interactive EMI Breakdown
Principal vs Interest
Principal: โน3.00 L
Interest: โน3.02 L
Year-by-Year Payment Split
Loan Scenario Comparison
| Metric | Your plan | +1% Interest (9.0%) | +12 Months (252mo) |
|---|---|---|---|
| Monthly EMI | โน2,509 | โน2,699 โ โน190 | โน2,461 โ โน48 |
| Total Interest | โน3,02,237 | โน3,47,803 โ โน45,566 | โน3,20,244 โ โน18,007 |
| Total Payable | โน6,02,237 | โน6,47,803 | โน6,20,244 |
Fixed vs Variable: The Key Decision
This is one of the most consequential decisions in personal finance. The right choice depends on rate outlook, your risk tolerance, and how long you'll hold the loan.
- Choose Fixed when: Rates are historically low, you want predictability, or you plan to hold 10+ years
- Choose Variable when: Rates are high and expected to fall, you plan to sell/refinance in 3-5 years, or you can handle payment fluctuations