Advanced Mortgage Systems
Home Loan Overdraft & Joint Tax Savings Calculator
Quantify the mathematical yield of interest offset accounts (like SBI Maxgain) and optimize co-applicant tax deductions (under Sections 24b and 80C) to shave years off your mortgage.
Mortgage Parameters
₹50,00,000
₹10 Lakhs₹2 Crore
8.5%
5%15%
20 Years
5 Years30 Years
₹10,00,000
₹0 (No Offset)₹50,00,000 (100% Offset)
* Parked surplus cash reduces interest base daily.Doubles tax write-off caps when both co-own property.
Standard EMI
₹0
Fixed MonthlyInterest Saved
₹0
From OverdraftTenure Shaved
0 Years
Saved Off LoanDynamic Overdraft Offset Savings
₹0 Gained
By keeping an average of **₹10,00,000** parked in your offset overdraft account, you reduce the total interest paid from ₹0 to **₹0**, fully redeeming your tenure by **0 years**!
Joint Section 24(b) & 80C Tax Offset
₹0 / Year Saved
Under Joint co-applicant rules in a 30% tax slab, you save approximately **₹0** in income tax cash annually. That amounts to a staggering **₹0** in net tax shield liquidity across a 10-year term!