Total Savings in Cash Outflow
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Existing EMI
₹
Proposed EMI
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Saving in EMI
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The HDFC Bank Home Loan Balance Transfer Calculator simplifies the process of transferring your existing Home Loan to HDFC Bank. It quickly assesses potential savings by comparing your current loan terms with those offered by HDFC Bank, helping you make informed decisions to optimise your loan repayment and reduce interest costs.
Frequently Answered Questions
You only need to follow three simple steps to use this tool:
Step 1: Input the outstanding amount of your current Home Loan.
Step 2: Mention the Home Loan balance repayment tenure.
Step 3: Share the rate of interest of your current Housing Loan.
The calculator will provide you with the total cash outflow and your updated EMI of your outstanding loan.
Homeowners with existing mortgages considering refinancing to a new lender should use a Home Loan Balance Transfer Calculator.
A Home Loan Refinance Calculator helps you compare interest rates, estimate new EMIs, and calculate potential savings. It includes fees and penalties, providing a comprehensive cost assessment.
- Amortisation Schedule:
- View the detailed repayment schedule, showing principal and interest components to ensure you stay ahead of your payments.
- Break-even Point:
- You can track the time it will take to recover the costs associated with the transfer.
- Flexibility:
- You have the option to adjust the tenure of the new loan in the calculator to see how different durations affect your EMI and total interest payable.
- User-friendly Interface:
- Our calculators have an intuitive interface, allowing easy data input and quick, accurate results without requiring advanced financial knowledge.
More about Home Loan Balance Transfer Calculator
- Amortisation Schedule:
View the detailed repayment schedule, showing principal and interest components to ensure you stay ahead of your payments. - Break-even Point:
You can track the time it will take to recover the costs associated with the transfer. - Flexibility:
You have the option to adjust the tenure of the new loan in the calculator to see how different durations affect your EMI and total interest payable. - User-friendly Interface:
Our calculators have an intuitive interface, allowing easy data input and quick, accurate results without requiring advanced financial knowledge.
Cost Savings: Calculates potential savings by comparing existing interest rates with HDFC Bank’s offers, helping you reduce overall interest expenses.
Customised Comparison: Provides a detailed comparison of loan terms, allowing you to evaluate benefits such as lower EMIs and improved repayment terms.
Simplified Decision-Making: Assists in making an informed choice about transferring your loan by presenting clear financial insights and projections.
Get the home of your dreams—apply now for easy financing!