Home Loan Balance Transfer Top-Up Calculator

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Overview Required Documents Rates & Charges

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Requested Loan Amount

₹

Requested Tenure

Net Salary/Income

₹

Monthly Obligation

₹

Cost of Property

₹

Loan Principle Outstanding

₹

Existing EMI

₹

₹0*

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Disclaimer: The aforementioned values, calculations and results are for illustrative and informational purposes only and may vary basis various parameters laid down by Tata Capital.

What is Balance Transfer Top-Up Calculator?

A home loan balance transfer facility allows you to transfer your outstanding home loan principal amount to a new lender. A home loan balance transfer calculator can help you evaluate the benefits of transferring your home loan balance and make an informed decision.

With Tata Capital, you can avail of the home loan balance transfer facility to switch your outstanding home loan balance to lower interest rates, starting from just 8.70% per annum*. Additionally, you can avail of a top-up loan over and above your home loan amount to ease your financial worries. You can use our home loan balance transfer calculator or home loan top up calculator to estimate your home loan balance transfer and top-up eligibility with us.

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Features of Home Loan Balance Transfer

A home loan balance transfer can be done for several reasons, ranging from lower interest rates to better customer service. If you are also thinking of transferring your home loan balance to a new lender, you must carefully assess the features and benefits it offers.
Below are some common features you can look for:

Lower interest rate

One of the major reasons why homebuyers opt for the home loan balance transfer is the lower interest rate. If another lender is offering a better home loan interest rate than your existing lender, you can consider transferring your home loan balance to it. Even a minute deviation of 0.5% per annum in the interest rate can make a significant difference in the overall amount you have to repay to the lender.

Extended loan tenure

Another common reason to opt for the home loan balance transfer is the extended tenure allowed by a new lender. If you are unable to afford your current home loan EMIs, and your existing lender isn’t allowing you to increase your loan tenure, you can consider a home loan balance transfer. This way, you will be able to repay your home loan conveniently at your own pace.

Option to get a top-up loan

If your current home loan amount seems insufficient to meet all your housing finance requirements, you can avail of a home top-up loan. This loan is given over and above the home loan amount you’ve already taken. However, not all lender offers this facility in India. If your existing lender does not offer a home loan top-up facility, you can consider transferring your home loan balance to a new lender.

Favorable loan terms

Different lending institutions have different terms for providing home loans. In case you are not satisfied with the terms and conditions of your existing lender, you can consider transferring your home loan balance to a new one. For example, if you want to make a pre-payment on your home loan but your current lender is asking for a high pre-payment charge, you can shift your home loan balance to a lender that’s allowing home loan foreclosure with zero or minimal charges.

Modifying the type of interest rate

Home loans come with two types of interest rates - a fixed interest rate and a floating interest rate. In the case of a fixed interest rate, your home loan interest rate remains the same through its tenure. But in the case of a floating interest rate, your home loan interest rate keeps changing with respect to an external benchmark. If you want to change or modify the type of interest rate levied on your home loan, you can opt for the home loan balance transfer facility.

Enhanced customer services

A home loan is usually a long-term commitment, with its tenure ranging up to 30 years. Hence, you may want a lender that can offer the best customer service. If you are not happy with the services offered by your current home loan provider, transferring your home loan balance to a new lender can be a great option.

How to Use a Home Loan Balance Transfer and Top Up Calculator?

You can use a home loan balance transfer and top up calculator to gauge your eligibility for availing of a home loan balance transfer facility and home loan top-up facility. Our home loan top up calculator also displays the maximum top-up loan you can avail of on your existing home loan and the EMIs that you will have to pay for it.

To use our home loan top up EMI calculator, you will have to input the following details in it:

Requested Loan Amount

You can use the slider or type the value in the given box to enter the home loan amount taken by you at the time of your loan application.

Requested Tenure

Home loan tenure refers to the duration for which you’ve taken your home loan. You can enter your home loan tenure in months by using the slider or typing the value.

Net Salary or Income

Enter your take-home salary or annual income after deducting the taxes and investments.

Monthly Obligations

You will have to calculate and enter your fixed monthly obligations at the time of applying for the home loan balance transfer. Your monthly obligations may include your contributions towards PF, insurance premiums, recurring deposits, mutual fund SIPs, and professional taxes, among others.

Cost of Property

The cost of the property will determine the maximum home loan amount you can avail of from Tata Capital. You will need to calculate the total purchase price of your housing property by adding its current market value and other necessary expenses.

Loan Principal Outstanding

Here, you will have to enter your outstanding home loan principal amount in the housing loan balance transfer calculator. This is the total home loan amount that you will have to repay to your existing lender, excluding the interest.

Existing EMI

Lastly, you will be required to enter your current home loan EMI. This is the fixed amount that you’re paying to your lender every month for the repayment of your home loan.

After entering these values in our home top up loan calculator, the following details will be displayed within a few seconds:

Your balance transfer amount
Your total savings
EMI of final eligibility
Final total eligibility
The top-up loan amount you’re eligible for, and
Your monthly savings

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What our customers say about us

I had applied for a home loan at Tata Capital & got the it approved quickly. The process was smooth and sanctioned with sufficient amount with tenure period of 20 yrs.

Sumeet Verma

Home Loan | 14 March, 2022

The submission of my home loan application was very simple and easy. Even the documentation process was very simple and ended in very less time.

Yukta Jaiswal

Home Loan | 11 March, 2022

The customer support service is good as they responded to my queries without any wait time. With their help, my home loan was approved in very less time.

Rashmi Singhania

Home Loan | 28 February, 2022

I got my home loan approved from Tata Capital. The reason behind going with Tata Capital home loan is they were offering home loan at best price and zero processing fee.

Aman Malik

Home Loan | 18 February, 2022

The rate of interest is moderate. Pre closure is applicable but there is locking period. Their customer service is very good.

Amiya Ranjan Swain

Home Loan | 20 October, 2021

The home loan was sanctioned on time and I easily uploaded the documents through online.

Rajesh Jain

Home Loan | 20 October, 2021

Interest rate is a bit high when I compared to Government banks, but processing time and charges for my home loan were less. Loan was sanctioned soon as well.

Manoj Kumar Mishra

Home Loan | 20 October, 2021

The process for my housing loan was immediate. Interest rates were normal at X%. The documentation process was hassle free. What else can I expect!?

Kundan Meher

Home Loan | 20 October, 2021

The processing fee was nominal for my home loan. It was processed hassle free. I am satisfied with the service.

Sridhar Pillai

Home Loan | 20 October, 2021

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Popular FAQs

A home loan balance transfer and top-up calculator allows you to evaluate the benefits that you can get by transferring your home loan balance to a new lender. It also allows you to check your eligibility to avail of a top-up on a home loan with a lender. And if yes, then what is the maximum top-up loan amount you can borrow.

You can use a home loan balance transfer and top-up calculator for the following reasons:

To make an informed decision on whether you should transfer your existing home loan balance or not

To assess the maximum top-up loan amount, you can borrow and plan your home renovation or construction accordingly

Estimate the total savings you can make by opting for a home loan balance transfer

Calculate the EMI amount you have to pay for your top-up loan and plan your repayment accordingly

Tata Capital’s home loan balance transfer and top-up calculator is designed to provide you with an estimation of the total savings you can make by transferring your home loan balance to us. You can also use it to evaluate the maximum home loan top-up loan amount you can borrow from us. The preciseness of the results obtained from this calculator depends on the values entered by you. The calculations are illustrative and may vary based on various parameters laid down by Tata Capital.

Yes. When you enter the required values in our calculator, it will display your eligibility for a home loan balance transfer and home loan top-up instantly. It will also display the EMI amount you have to pay if you borrow the final amount, you’re eligible for.

You can use our top-up calculator to find out if you are eligible for these facilities or not. All you have to do is enter a few values in the calculator, including the requested loan amount, tenure, your net salary, monthly obligations, the cost of the property, current home loan outstanding amount, and existing EMIs, and the results will be displayed instantly.

Yes. You can enter the required values in our calculator, and it will display your eligibility to transfer your home loan balance to us, along with the total savings you can make. You will also get to know the monthly savings on your home loan balance transfer and new EMIs.

No. It is a completely free online tool. You can use it any time and from anywhere to determine your eligibility for availing of home loan balance transfer and top-up facilities from us. Moreover, there is no limit on the number of times you can use this calculator.

Anyone can access our calculator from anywhere. If you are not satisfied with your current home loan provider, you can transfer your home loan balance to us and enjoy lower interest rates and a host of other benefits. To know if you are eligible to transfer your home loan balance to us, you can use our home loan balance transfer calculator.

It is a 100% free online tool that can help you know your eligibility to transfer your existing home loan balance to a new lender. Below are the key benefits of using this calculator:

Know the maximum home loan amount you can transfer

The calculator evaluates the maximum home loan that you can transfer to a lender based on your current monthly income and monthly obligations.

Know the potential savings you can make

The calculator also displays the potential savings you can make if you choose to transfer your home loan balance from your existing lender to a new one.

Know the EMIs you have to pay

When you transfer your home loan balance to a new lender, your home loan interest rate and tenure are modified. As a result, your home loan EMIs also change. With the help of a home loan balance transfer calculator, you can know your new home loan EMIs in advance.

Know the top-up amount

You can also use it to know the top-up amount you can avail of over and above your home loan amount.

It is an online tool that can help you evaluate your eligibility for transferring your existing home loan balance to a new lender. It can also be used to know the EMIs you have to pay on your home loan if you opt for the balance transfer facility.

No, personal details are not required for using a home loan balance transfer and top-up calculator. You only need to enter the requested home loan amount, tenure, your current net salary, monthly obligations, home loan principal outstanding, and existing EMI in this calculator.

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Home Loan Top-up

A home loan top-up is a facility offered by lenders under which a borrower can take an additional loan over and above their existing home loan.

The home loan top-up facility is available only for existing home loan borrowers without the need for any additional security or guarantee.

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At times, you may need additional funds to tackle your personal or business expenses.

With Tata Capital’s home loan overdraft facility, you can avail of a home overdraft loan limit of up to Rs. 2 crores. You can withdraw funds from this overdraft housing loan limit as per your needs and then pay it back at your convenience.

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Quick Cash

Quick Cash loan is a unique Pre-Approved personal finance top-up linked to your existing Tata Capital Housing Finance Limited (TCHFL) loans. This loan is only for existing TCHFL Home Loan and Home Equity customers.

Apart from its unique features, it also offers other advantages such as faster processing, and a paperless journey, notwithstanding that all this could be availed in just a few clicks at your convenience any day 24*7.

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Balance Transfer

A home loan balance transfer, or simply a home loan transfer, takes place when you transfer your outstanding home loan amount to a new lender from your existing lender.

With Tata Capital Home Loan Balance Transfer, you can transfer your outstanding home loan balance to affordable interest rates. Our home loan interest rates start from just 8.70% per annum*.

Know More

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Balance Transfer Top-up Calculator

Requested Loan Amount

Requested Tenure

Requested Tenure

Net Salary/Income

Monthly Obligation

Cost of Property

Loan Principle Outstanding

Existing EMI

₹0*

₹0*

₹0*

₹0*

₹0*

₹0*

What is Balance Transfer Top-Up Calculator?

Avail TATA Capital loans directly from WhatsApp

Features of Home Loan Balance Transfer

Lower interest rate

Extended loan tenure

Option to get a top-up loan

Favorable loan terms

Modifying the type of interest rate

Enhanced customer services

How to Use a Home Loan Balance Transfer and Top Up Calculator?

Requested Loan Amount

Requested Tenure

Net Salary or Income

Monthly Obligations

Cost of Property

Loan Principal Outstanding

Existing EMI

More Home Loan products for you

Home Loan for government employees

Home Loan for self-employed

Home Loan for women

What our customers say about us

Sumeet Verma

Yukta Jaiswal

Rashmi Singhania

Aman Malik

Amiya Ranjan Swain

Rajesh Jain

Manoj Kumar Mishra

Kundan Meher

Sridhar Pillai

Popular FAQs

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Home Loan Top-up

Home Loan Overdraft

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