EMI vs SIP for ₹1,000,000

12 Years @ 7%

Original Plan

12 Years @ 7%

EMI: ₹ 10,284

Extended Plan

17 Years (Reduced EMI)

EMI: ₹ 8,397

Monthly Savings

₹ 1,887

SIP Investment

@ 12% for 17 years

₹ 1,260,503

Extra Interest Paid

₹ 232,039

Final Outcome

₹ 1,028,464

Profit from SIP strategy

Analysis

For ₹1,000,000 loan at 7%, investing savings can generate ₹1,260,503.

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