2025–2026 RBI & Tax Compliant
SIP vs Home Loan Prepayment Calculator
Determine whether you build more net wealth by prepaying your home loan or by investing surplus cash into an equity SIP.
Input Parameters
₹15,000
₹
8.5 %
%
13 %
%
15 Yrs
Yrs
ESTIMATED RESULT
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Updated dynamically
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Download on Google PlayCurrent Home Loan Rates in India (2026)
Compare live floating home loan interest rates and processing fees from top Indian lenders:
| Bank / Lender | Interest Rate (% p.a.) | Processing Fee |
|---|---|---|
| State Bank of India (SBI) | 8.50% – 9.65% | 0.35% of loan amount (Min ₹2,000, Max ₹10,000) + GST |
| HDFC Bank | 8.70% – 9.80% | 0.50% of loan amount or ₹3,000 (whichever is higher) + GST |
| ICICI Bank | 8.75% – 9.75% | 0.50% - 1.00% of loan amount + GST |
| Axis Bank | 8.75% – 9.65% | Up to 1% of loan amount (Min ₹10,000) + GST |
| Bank of Baroda | 8.40% – 10.60% | NIL (under festive offer) / 0.25% + GST |
| Punjab National Bank (PNB) | 8.45% – 10.25% | 0.35% of loan amount (Min ₹2,500, Max ₹15,000) + GST |
Frequently Asked Questions
If your expected mutual fund SIP CAGR (e.g. 12-14%) is higher than your home loan interest rate (e.g. 8.5%) after tax deductions, investing surplus into SIP yields substantially higher terminal corpus over 10+ years.