EMI vs SIP Calculator
Want something today but don't have the cash? You can take a loan and pay EMI, or invest that same EMI amount every month and buy it once you've saved enough. Enter the price and terms for a side-by-side comparison.
How to Decide
Buying on EMI gets you the item today, at the cost of loan interest. Waiting and investing costs you time — the item gets pricier with inflation while you save — but your SIP might grow faster than the price rises.
As a rough guide: if your expected investment return comfortably beats the item's price inflation by a wide margin, waiting tends to pay off. If the loan rate is low (e.g. a subsidized or 0% EMI scheme) or the item is needed urgently, buying now on EMI is often the practical choice.
This calculator ignores the value of having the item today versus later — factor that in yourself before deciding.