Rupeevalley

Move an existing loan

Is a balance transfer worth it for you?

Compare your current loan with a proposed rate, including fees, and talk to our team about balance transfer options.

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  • Compare current and proposed repayments side by side
  • Fees included in the savings estimate
  • Guidance on next steps from our team

About balance transfers

A balance transfer moves the outstanding principal of an existing loan to another lender, usually to get a lower interest rate or better terms. The new lender pays off your old loan and you repay the new lender.

A lower rate does not always mean savings: processing fees and other charges can cancel out the benefit, especially if little tenure remains. Our calculator includes fees so you can compare fairly.

What lenders typically consider

  • Your repayment track record on the existing loan
  • Credit score and income
  • Outstanding amount and remaining tenure
  • For secured loans, the value of the property or asset

Each lender sets its own criteria and makes its own decision.

How Rupeevalley helps

Rupeevalley helps you explore options, estimate EMIs and connect with the appropriate team or lending partner. We are not the lender. The lender you apply with decides eligibility, interest rate, fees, approval and disbursal under its own policies and verification process.

EMI calculator

Balance Transfer Calculator

Compare your loan with a lower rate. Adjust the values to see your EMI and repayment schedule.

₹1 lakh to ₹5 crore
0% to 20%
0% to 20%
Tenure unit
1 yr30 yr
Transfer fees and charges

Enter only fees you know about. They are shown separately and do not change the EMI.

Results

Estimated net saving

₹4,70,276

after fees of ₹15,000, over the remaining tenure

Current EMI
₹32,238
New EMI
₹29,542
Current total repayment
₹58,02,869
New total repayment
₹53,17,593
Current total interest
₹28,02,869
New total interest
₹23,17,593
Want to explore this scenario?We’ll attach these results to your enquiry, so you won’t need to re-enter anything.

  • Both loans are compared over the same remaining tenure of 15 years with fixed rates.
  • Fees include the processing fee and any other charges you entered; GST, stamp duty, foreclosure charges or insurance are excluded unless entered.
  • Interest rates, fees and eligibility are set by the lender and may differ from these figures.
View repayment schedule (after transfer)
Repayment schedule by year. Expand a year to see monthly rows.
Period Opening balance Principal Interest Instalments Closing balance
₹30,00,000 ₹1,03,476 ₹2,51,030 ₹3,54,506 ₹28,96,524
₹28,96,524 ₹1,12,622 ₹2,41,884 ₹3,54,506 ₹27,83,902
₹27,83,902 ₹1,22,577 ₹2,31,929 ₹3,54,506 ₹26,61,325
₹26,61,325 ₹1,33,412 ₹2,21,095 ₹3,54,506 ₹25,27,913
₹25,27,913 ₹1,45,204 ₹2,09,302 ₹3,54,506 ₹23,82,709
₹23,82,709 ₹1,58,039 ₹1,96,467 ₹3,54,506 ₹22,24,670
₹22,24,670 ₹1,72,008 ₹1,82,498 ₹3,54,506 ₹20,52,662
₹20,52,662 ₹1,87,212 ₹1,67,294 ₹3,54,506 ₹18,65,450
₹18,65,450 ₹2,03,760 ₹1,50,747 ₹3,54,506 ₹16,61,691
₹16,61,691 ₹2,21,770 ₹1,32,736 ₹3,54,506 ₹14,39,920
₹14,39,920 ₹2,41,373 ₹1,13,134 ₹3,54,506 ₹11,98,548
₹11,98,548 ₹2,62,708 ₹91,798 ₹3,54,506 ₹9,35,840
₹9,35,840 ₹2,85,929 ₹68,577 ₹3,54,506 ₹6,49,911
₹6,49,911 ₹3,11,202 ₹43,304 ₹3,54,506 ₹3,38,709
₹3,38,709 ₹3,38,709 ₹15,796 ₹3,54,505 ₹0

Illustrative comparison using fixed rates over the same remaining tenure. Foreclosure charges, taxes and insurance are excluded unless entered as other charges. The lender decides your actual terms.

Balance Transfer questions

More questions? Contact our team.

When the interest you save over the remaining tenure is greater than the fees and charges of moving the loan. Our calculator shows the net result.

Our calculator compares both loans over the same remaining tenure. A new lender may offer different tenure options.

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