Loan Solutions Made Simple

Smart financing starts with the right guidance.

Tailored Loan Advisory for Every Need

Navigating the world of loans can feel overwhelming — especially with so many lenders, rates, and terms to compare. At SNP Consultant, we make the process easy, clear, and fully customized to your needs. Whether you’re buying your first home, investing in a commercial space, or refinancing an existing loan, we ensure you get the best deal with zero confusion.

What We Help You With

Home Loans

Buy your dream home with confidence. We guide you through every step — from eligibility checks and application to approval and disbursal — ensuring you get the most competitive rates and flexible repayment options.

Loan Against Property (LAP)

Unlock the value of your property with a secured loan. Whether for business expansion, debt consolidation, or personal needs, we help you leverage your assets responsibly.

Business & Commercial Loans

Fuel your business growth with financing that fits your goals. We assist with documentation, lender selection, and fast-tracked approvals tailored to your business profile.

Mortagage Loans

A mortgage loan, also known as a Loan Against Property (LAP), allows you to leverage your existing residential, commercial, or industrial property to meet your financial needs — whether for business expansion, debt consolidation, or major personal expenses.

At SNP Consultant, we help you make the most of your property’s market value by connecting you with trusted banks and NBFCs offering competitive interest rates, flexible repayment options, and high loan amounts.

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About this calculator

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Calculator Information

The Equipment Finance Calculator calculates the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term and interest rate. The Product selected determines the default interest rate for personal loan product. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on an additional input from the customer. This is if repayments are increased by the entered amount of extra contribution per repayment period. This feature is only enabled for the products that support an extra repayment. The calculations are done at the repayment frequency entered, in respect of the original loan parameters entered, namely amount, annual interest rate and term in years.

Calculator Assumptions

Length of Month

All months are assumed to be of equal length. In reality, many loans accrue on a daily basis leading to a varying number of days interest dependent on the number of days in the particular month.

Number of Weeks or Fortnights in a Year

One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.

Rounding of Amount of Each Repayment

In practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts. Note that the final repayment after the increase in repayment amount.

Rounding of Time Saved

The time saved is presented as a number of years and months, fortnights or weeks, based on the repayment frequency selected. It assumes the potential partial last repayment when calculating the savings.

Amount of Interest Saved

This amount can only be approximated from the amount of time saved and based on the original loan details.

Calculator Disclaimer

The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change.

Loan Calculator

Loan AmountPlease enter your loan amount here.
₹

No. of PaymentsPlease enter the number of years in which you plan to repay the loan.

Payment ModePlease choose payment mode of the loan.

Interest RateThe interest rate will default to the product you selected. You can also change the rate up or down to understand the effect on your repayments and total interest payable.

**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.

Period Payment Interest Balance

{frequency} Payment

₹

Total interest payable

₹ over

Balloon amount (0.00%)

₹0.00

X

Calculator Disclaimer

The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by My Finance. It does not take into account your personal or financial circumstances.