Finance · Free tool
Fixed vs Floating Rate
Floating rates are typically 0.5–1% lower at the start; fixed gives certainty. We compare EMI, total interest and savings.
₹50,00,000
9.00%
8.50%
20 yrs
Fixed rate
EMI₹44,986
Total interest₹57,96,711
Floating rate (assumed constant)
EMI₹43,391
Total interest₹54,13,879
Floating saves ₹3,82,833 over the tenure if rates stay flat. EMI is ₹1,595 lower per month.