EMI True Cost Revealer

That "0% EMI" Isn't Really 0%

Enter your EMI offer and see the true cost — interest, processing fees, and the real premium you're paying over list price.

Most "0% EMI" offers charge a processing fee upfront (typically 1–3%) plus sometimes a subvention cost hidden in the product price.

2.5%
0%2.5% (common)5%

Optional — used for the affordability check.

Monthly EMI

₹4,167

True Total Cost

₹51,250

+2.5% over list price

Loan Amount

₹50,000

Total Extra Paid

₹1,250

Effective APR

4.8%

Calculation Assumptions

Results can differ across apps when compounding or contribution timing assumptions change.

  • EMI is computed with the standard formula P × r × (1+r)^n / ((1+r)^n - 1) on the loan amount after down payment.
  • "0% EMI" mode assumes no interest but applies an upfront processing fee on the loan amount, which is amortised into the effective APR via IRR.
  • The affordability check compares monthly EMI to your monthly income; it does not account for other existing debts.