✦ Enter your details
Use figures from your loan offer, card statement, purchase offer or financial plan.
Your result
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Calculate the total borrowing cost after interest, fees, taxes and discounts.
💡 Important: Compare the total cost, not only the headline EMI.
How it works
Calculate the total borrowing cost after interest, fees, taxes and discounts.
Before you use the result
1Use figures from your loan offer, card statement, purchase offer or financial plan.
2Include applicable fees and taxes.
3Compare the total cost, not only the headline EMI.
Frequently Asked Questions
Effective Loan Cost Calculator: what is it used for?
Calculate the total borrowing cost after interest, fees, taxes and discounts.
Are the results guaranteed to match my lender?
No. Results depend on the assumptions and inputs shown. Verify the lender's official documents, fee schedule and applicable tax treatment.
Can I change currency without changing language?
Yes. Currency is independent of language and your selected currency is remembered on this device.
Can I enter tenure in years?
Yes. Use the Months / Years switch beside the tenure field.