Flat vs Reducing Rate Compare
Same loan amount, stated rate और tenure — Flat vs Reducing calculation side-by-side.
What do you want to compare?
Flat Rate
- Stated Rate
- 10% p.a. (Flat)
- Approx EMI
- ₹18,056
- Total Interest
- ₹1,50,000
- Total Repayment
- ₹6,50,000
Reducing Rate
- Stated Rate
- 10% p.a. (Reducing)
- Approx EMI
- ₹16,134
- Total Interest
- ₹80,809
- Total Repayment
- ₹5,80,809
Difference
Same stated interest rate होने के बावजूद Flat और Reducing calculation method की वजह से Total Interest और Total Repayment अलग हो सकते हैं.
₹5,00,000 के 3 years loan पर same 10% stated rate में Flat calculation का estimated total interest ₹1,50,000 और Reducing calculation का लगभग ₹80,809 है. Difference ≈ ₹69,191
FLAT RATE
Interest original loan amount के आधार पर पूरे tenure के लिए calculate किया जाता है.
REDUCING RATE
Interest outstanding principal पर calculate होता है, इसलिए principal कम होने के साथ interest base भी घटता है.
अब यह भी समझें
Flat vs Reducing Rate
Topic overview — calculation method difference.
Loan Tenure Impact
EMI vs total interest trade-off.
Tenure Compare
3 साल vs 5 साल — EMI side-by-side.