EMI vs SIP for ₹1,000,000

19 Years @ 7%

Original Plan

19 Years @ 7%

EMI: ₹ 7,942

Extended Plan

24 Years (Reduced EMI)

EMI: ₹ 7,178

Monthly Savings

₹ 764

SIP Investment

@ 12% for 24 years

₹ 1,278,482

Extra Interest Paid

₹ 256,389

Final Outcome

₹ 1,022,093

Profit from SIP strategy

Analysis

For ₹1,000,000 loan at 7%, investing savings can generate ₹1,278,482.

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