Loan-pricing utility

Flat Rate vs Reducing Balance Loan Comparator

Convert a flat-interest quote into total repayment and compare it with a reducing-balance EMI loan.

Compare loan quotations

A flat rate looks lower because interest is charged on original principal for the entire tenure.
MeasureFlat / Reducing
Monthly payment—
Total interest—
Total repayment including fee—
Approximate flat-loan annualised IRR—

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Educational calculator · Reviewed 14 July 2026 · Official law, portal data and professional judgement prevail. Methodology Editorial policy Legal and disclaimer