Loan Comparison
Compare up to three loans on EMI, interest and total repayment.
Enter at least two loans. Fees are omitted unless included in principal.
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Input Parameters
Loan A has the lowest total repayment among the loans compared.
Loan comparison (2 entries)
| Loan | EMI | Interest | Total |
|---|---|---|---|
| Loan A | 10,623.52 | 137,411.33 | 637,411.20 |
| Loan B | 9,012.77 | 148,919.33 | 648,919.44 |
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Calculation Formula & Methodology
All arithmetic is processed locally in your browser session using IEEE 754 precision with boundary checks.
Worked example
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Frequently Asked Questions
When should I use the Loan Comparison?
Compare up to three loans on EMI, interest and total repayment. Always read the formula and assumptions on the page before relying on a figure.
Are the results official?
No. OmniCalc runs the math in your browser from the inputs you provide. Laws, lender policies and medical guidance are not applied automatically.
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Simple Interest
Interest that grows in proportion to time, without compounding.
Compound Interest
Compounded growth with a frequency you choose.