An EMI is easy to agree to and hard to escape. These guides show the monthly payment, the total interest and the true cost of every common loan size and tenure, so you can see what a rate change or a shorter term is actually worth before you sign.
Start with the guide matching the amount you intend to borrow and the tenure the bank has offered, then read the rate-sensitivity table before anything else — a half-point difference costs more over twenty years than most people expect, and it is the part of the offer that is negotiable.
Check the income table next. Lenders cap all your EMIs together at roughly 40% of take-home, so an existing loan reduces what this one can be. If the EMI fits but only barely, the shorter tenure is usually the better trade.
Run your own figures in the EMI calculator.