India · INR · Home-loan and repayment

Balance Transfer Cost Comparison

Published by REO Technologies · Publisher contact: Abdul Raheem. Explanation and example arithmetic revised 2026-10-26; source-specific dates are stated separately. No licensed financial review is claimed.

Compare two actual quotes, upfront cash costs, interest and balances over the same horizon.

Updated October 26, 2026 · Enter current figures from your documents and quotes. Budget settings are editable. Inputs stay in this tab and are not saved or sent by the calculator.

Reference scope documented 2026-10-26. Actual quote inputs and explicit planning scenarios. Tax year 2026–27 ordinary resident scope is limited; PMAY-U 2.0 is not an automatic award. No invented market feed, lender approval or nationwide duty tariff.

Your inputs

Current / proposed principal (INR)Enter your current figure; zero explicitly excludes an optional cost.

First / existing quote nominal rate (%)Enter your current figure; zero explicitly excludes an optional cost.

Actual / scenario annual nominal reducing-balance rate (%)Enter your current figure; zero explicitly excludes an optional cost.

Repayment yearsMatch the contract or select a clearly labeled planning scenario.

Second / new remaining repayment yearsMatch the contract or select a clearly labeled planning scenario.

Compare after monthly paymentsMatch the contract or select a clearly labeled planning scenario.

Other all-in cash fees (INR)Enter your current figure; zero explicitly excludes an optional cost.

Confirmed cash exit / break charge (INR)Enter your current figure; zero explicitly excludes an optional cost.

Earlier cashback repayment required (INR)Enter your current figure; zero explicitly excludes an optional cost.

Confirmed new cash rebate (INR)Enter your current figure; zero explicitly excludes an optional cost.

How this estimate works

Amortize the same principal under both entered offers, compare cash payments/interest/remaining balances at the chosen shared horizon, and account for confirmed cash fees and rebates.

Assumptions and limits

All amounts are INR unless a field explicitly says foreign units. Personal prices, balances and rates need your current documents or executable quotes.
Constant-rate or explicitly stated scenario arithmetic. Actual daily interest, contractual payment dates, rounding, rate resets and fees can differ. No financial inputs are saved or sent by these calculators.
Educational budgets, not approval, a tax return or personalized advice. Confirm legal, lender, payroll, scheme and tax conditions for your own case.
No bank tariff is inferred from a credit score or lender name. A longer term can reduce the payment while increasing remaining debt and lifetime cost. The simple payment break-even is distinct from an economic saving.

References and further reading

Worked India example: Balance Transfer Cost Comparison

This is a hypothetical arithmetic example in INR, not a current lender quote, market observation or borrower record. The same calculator model produces the figures below. Its input assumptions are shown so that you can reproduce or change the scenario.

Assumed input	Illustration value
Current / proposed principal (INR)	5,000,000
First / existing quote nominal rate (%)	9.5
Actual / scenario annual nominal reducing-balance rate (%)	8.5
Repayment years	20
Second / new remaining repayment years	20
Compare after monthly payments	36
Other all-in cash fees (INR)	0
Confirmed cash exit / break charge (INR)	0
Earlier cashback repayment required (INR)	0
Confirmed new cash rebate (INR)	0

Calculated measure	Result
Existing / first quote monthly P&I	₹46,606.56
New / second quote monthly P&I	₹43,391.16
Monthly payment reduction	₹3,215.40
Net upfront cost paid in cash	₹0.00
Cash-flow saving at selected horizon	₹115,754.32
Existing balance at horizon	₹4,708,776.60

Amounts use unrounded intermediate arithmetic and are rounded only for display. Selecting different costs, rates, payment dates or terms changes the result; no illustration value is prefilled into your personal financial fields.