Find out if a balance transfer actually saves money.

Enter your current loan and the offer you received. The comparison counts the interest left on both and the charges for switching. Read the balance transfer guide.

Balance transfer

Stay with your lender, or transfer?

Compare what you would pay from today on your current loan with a transfer offer, including both lenders' charges.

Your current loan

Outstanding balance

The principal still owed, from your loan statement.

Current annual rate

From your loan statement.

Months remaining

EMIs left to pay.

The transfer offer

Rate offered to you

The rate a lender has quoted you, not an advertised one.

New tenure

A longer tenure lowers the EMI but adds interest.

Foreclosure charge, current lender

% of the outstanding balance, including GST.

Processing fee, new lender

% of the outstanding balance, including GST.

Estimated saving from transferring

₹33,144after ₹15,000 in charges

The lower EMI recovers the charges in about 15 months.

Staying compared with transferring, from today
Measure	Stay	Transfer
Monthly EMI	₹14,170	₹13,167
Tenure	4 years	4 years
Interest from today	₹1,80,160	₹1,32,016
Charges	—	₹15,000
Total you pay	₹6,80,160	₹6,47,016

The new lender decides the rate, tenure and approval.

This compares the numbers you entered. It does not check eligibility, and Finbells does not suggest a rate. Confirm every charge with both lenders before you switch.