Should I take a loan or use my savings for a purchase?

Use our Loan vs Investment calculator to compare the cost of taking a loan versus investing your money. It considers interest rates, investment returns, and tax implications to help you make the best financial decision.

Is an electric vehicle cheaper than a traditional car?

Our EV vs ICE calculator compares the total cost of ownership including purchase price, fuel costs, maintenance, insurance, and resale value to determine which option is more cost-effective for your specific situation.

How much do I need to save to reach my financial goal?

The Goal Calculator helps you determine how much you need to save regularly to reach your financial target, considering your current savings, expected returns, and time horizon.

Financial Calculators - Loan vs Investment, EV vs ICE, Goal Planning

Purchase Amount (₹)

Available Cash (₹)

Match purchase amount

Loan Interest Rate (% annually)

Expected Investment Return (% annually)

Tax Rate on Investment Gains (% annually)

Capital gains tax rate (leave 0 for tax-deferred accounts)

Investment Compounding Frequency

Time Period

Financial Analysis

Recommendation

Option 1: Use Available Cash

Cash Payment:

Remaining Cash to Invest:

Investment Returns (after tax):

Total Net Position:

Option 2: Take Full Loan & Invest

Full Loan Amount:

Total Interest:

Cash Available to Invest:

Investment Returns (after tax):

Total Net Position:

Net Benefit:

📊

Enter your details to see the financial analysis

Home Loan Details

Loan Details

Loan Amount (₹)

Interest Rate (% annually)

Processing Fees (₹)

One-time upfront cost

Loan Tenure (Years)

Prepayment Options

Annual EMI Step-up (%)

Increase EMI by this % each year

Regular Monthly Prepayment (₹)

Extra amount paid every month

Regular Annual Prepayment (₹)

Extra amount paid every year

One-time Prepayment (₹)

One-time Prepayment Year

Prepayment Strategy

Reduce Tenure Reduce EMI

Investment Comparison

Expected Investment Return (% annually)

Returns if you invest instead of prepaying

Tax Rate on Investment Gains (%)

Tax on long-term capital gains

Loan Summary

Monthly EMI

Total Principal

Total Interest

Total Amount

Actual Tenure

Prepayment vs Investment Analysis

Prepayment Option

Interest Saved:

Total Prepaid:

Net Benefit:

Investment Option

Investment Returns:

Tax on Returns:

Net Benefit:

Better Option:

Prepayment Option Breakdown

Total Amount Prepaid:

Interest without Prepayment:

Interest with Prepayment:

Interest Saved:

Net Benefit (Prepayment):

Interest Saved - Total Prepaid Amount

Investment Option Breakdown

Amount Invested:

Investment Returns (Gross):

Future Value:

Tax on Gains:

Net Returns (After Tax):

Extra Interest Paid:

Net Benefit (Investment):

Net Returns - Extra Interest Paid

Summary

Net Benefit (Prepayment):

Net Benefit (Investment):

Difference:

Amortization Schedule

Period	Opening Balance	EMI	Principal	Interest	Prepayment	Closing Balance	Cumulative Interest

Visual Analysis

Principal vs Interest Payment Over Time

Outstanding Loan Balance

🏠

Enter your home loan details to see the analysis

Goal Name

Existing Investment for this Goal (₹)

Amount already invested towards this goal

Cost Today (₹)

Current cost of your goal

Years to Achieve

Time horizon for achieving your goal

Expected Investment Return (% annually)

Expected annual return from your investments

Inflation Rate (% annually)

Expected annual inflation rate

🎯

Enter your goal details to see the analysis

Year-by-Year Investment Breakdown

Year	Amount Invested	Returns Earned	Total Investment Value	Goal Progress

Enter Vehicle Details

EV Details

Purchase Price (₹)

Expected Resale Value (% of purchase price)

Leave blank if you are not going to sell or not sure about it

Efficiency (km/kWh)

Electricity Cost (₹/kWh)

Annual Maintenance (₹)

Insurance per Year (₹)

Govt Incentives (₹)

ICE Details

Purchase Price (₹)

Expected Resale Value (% of purchase price)

Leave blank if you are not going to sell or not sure about it

Fuel Efficiency (km/l)

Fuel Cost (₹/l)

Annual Maintenance (₹)

Insurance per Year (₹)

Usage

Average Distance per Year (km)

Ownership Period (years)

Total Cost of Ownership (TCO)

Recommendation

EV Breakdown

Purchase Price:

Govt Incentives:

Total Fuel/Energy Cost:

Total Maintenance:

Total Insurance:

Resale Value:

Total EV TCO:

ICE Breakdown

Purchase Price:

Total Fuel Cost:

Total Maintenance:

Total Insurance:

Resale Value:

Total ICE TCO:

Breakeven Analysis

Year-by-Year Comparison

Year	EV Cost	ICE Cost	Break-even?

Cost Comparison Chart

EV Cost

ICE Cost

Breakeven Point

Total Savings:

🚗

Enter your vehicle details to see the cost comparison.

1. Rule of 72 (Double Your Money)

Estimate how long it takes to double your money by dividing 72 by the interest rate.

Formula

Years to double = 72 / Interest Rate

Example: 72 / 8% = 9 years

2. Rule of 70 (Inflation Adjustment)

Estimate how long it takes for your money's value to halve due to inflation by dividing 70 by the inflation rate.

Formula

Years to halve = 70 / Inflation Rate

Example: 70 / 7% = 10 years

3. 4% Withdrawal Rule

Estimate the retirement corpus needed: Corpus = 25 x Annual Expenses. Withdraw 4% per year for a sustainable retirement.

Formula

Corpus = 25 x Annual Expenses

Example: 25 x ₹500,000 = ₹12,50,000

4. 100 Minus Age Rule

For asset allocation: 100 minus your age = % in equities. The rest in debt.

Formula

Equity % = 100 - Age

Example: Age 30 → Equity 70%, Debt 30%

5. 50-30-20 Rule

Budgeting rule: 50% Needs, 30% Wants, 20% Savings.

Formula

Needs = 50%
Wants = 30%
Savings = 20%

Example: ₹50,000 → Needs ₹25,000, Wants ₹15,000, Savings ₹10,000

6. 3X Emergency Rule

Always put at least 3 times your monthly income in Emergency funds for emergencies such as loss of employment, medical emergency, etc. Safer: 6X.

Formula

Emergency Fund = 3 x Monthly Income

Safer: 6 x Monthly Income

7. 40% EMI Rule

Never go beyond 40% of your income into EMIs. This rule is used by finance companies to provide loans. You can use it to manage your finances.

Formula

Max EMI = 40% x Monthly Income

Example: ₹50,000 → Max EMI ₹20,000

8. Life Insurance Rule

Always have Sum Assured as 20 times of your Annual Income.

Formula

Sum Assured = 20 x Annual Income

Example: ₹5,00,000 → ₹1 crore

9. Rule of 144 (SIP Doubling)

No of years it takes to double your money at a given rate when investment is done via SIP. E.g. If the rate is 15% then SIP corpus will double in 144/15 = 9.6 years.

Formula

Years to double = 144 / Rate

Example: 144 / 15% = 9.6 years

10. Revolving Credit Formula

Calculate the compound annual cost of monthly interest rates (e.g., credit cards): (1 + i%)¹² - 1

Formula

(1 + i%)¹² - 1

Example: (1+3%)¹²-1 = 42.6%

Financial Analysis

Recommendation

Option 1: Use Available Cash

Option 2: Take Full Loan & Invest

Home Loan Details

Loan Details

Prepayment Options

Investment Comparison

Loan Summary

Monthly EMI

Total Principal

Total Interest

Total Amount

Actual Tenure

Savings from Prepayment

Prepayment vs Investment Analysis

Prepayment Option

Investment Option

Prepayment Option Breakdown

Investment Option Breakdown

Summary

Amortization Schedule

Visual Analysis

Principal vs Interest Payment Over Time

Outstanding Loan Balance

With vs Without Prepayment

Goal Analysis

Future Cost of Your Goal

Required Monthly Investment

Year-by-Year Investment Breakdown

Investment Progress Chart

Enter Vehicle Details

EV Details

ICE Details

Usage

Total Cost of Ownership (TCO)

Recommendation

EV Breakdown

ICE Breakdown

Breakeven Analysis

Year-by-Year Comparison

Cost Comparison Chart

1. Rule of 72 (Double Your Money)

2. Rule of 70 (Inflation Adjustment)

3. 4% Withdrawal Rule

4. 100 Minus Age Rule

5. 50-30-20 Rule

6. 3X Emergency Rule

7. 40% EMI Rule

8. Life Insurance Rule

9. Rule of 144 (SIP Doubling)

10. Revolving Credit Formula