Down payment, or invest?
Same car. Same budget. See where your money ends up.
Your numbers 01
Calculated on your device. Your inputs stay here.
The comparison 02
| At a glance | Lower down | Higher down |
|---|---|---|
| Loan amount | ||
| Monthly EMI | ||
| Invest upfront | ₹0 | |
| Invest monthly | ₹0 | |
| Investment value | ||
| Loan still owed | ||
| Value less loan |
Investment growth
₹ lakhThe break-even return
How the fair comparison works
The lower down-payment option invests the cash saved immediately. The higher down-payment option invests the EMI difference at the end of each month, only while the loan runs. Both use the same initial cash and monthly budget.
Investment returns are effective annual returns, converted to monthly growth. Loan interest uses the annual reducing-balance rate divided by 12. Values are calculated without rounding until display. Year inputs are rounded to the nearest month.
Beyond the loan tenure, both investments keep growing without further differential contributions. Before the loan ends, the winner is based on investment value minus the remaining loan. The car’s value is identical in both options and cancels out.
Extra loan interest is already in the EMI difference and is not subtracted again. Break-even is the effective annual borrowing rate. Equal down payments are a tie at every return.
Returns are hypothetical and may be negative. Taxes, fees, insurance differences and prepayment charges are excluded. You can use an estimated after-tax, after-fee return for your own scenario.