SIP vs Prepayment | Maunil Desai's EMI Calculator

Decision tool

Use extra money for SIP or loan prepayment?

Compare the same monthly extra amount in two paths: reduce loan burden faster or estimate what a SIP could grow into.

Your situation

Loan and extra money

Remaining loan Current loan balance left to repay. Loan rate (%) Annual interest rate of your loan. Tenure left How much loan time is left. Tenure type Select time unit. Extra every month Money you can either prepay or invest. Expected SIP return (%) Annual estimate only. SIP returns are not fixed.

Loan interest saving is easier to estimate. SIP value is only an expected outcome and can move up or down.

Result

See both choices

If you pay loan faster

- Interest you may avoid paying

Loan may finish early by: -
Your normal EMI: -
Extra paid to loan -: -

If you invest in SIP

- Money it may become

Your money put in: -
Possible growth: -
Time in SIP: -

Fill the values and compare.

Calculated on this device. Nothing from this comparison is sent to our server.