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What a balance transfer would actually save you.
Most calculators show the monthly saving and stop. The number that decides it is the break-even month — when the switching cost is finally behind you. If you are selling within a year, the answer is usually no.
Processing fee, legal and valuation, CERSAI, plus stamp duty and registration on the fresh mortgage. Since the Gujarat Stamp (Amendment) Act 2025 took effect on 10 April 2025 that mortgage duty is 0.25% capped at ₹5,000 on a loan up to ₹1 crore, plus a 40% surcharge — it used to reach ₹25,000. With registration (1%, max ₹5,000) and page fees, about ₹12,500 all in on a typical loan.
Worth doing
₹7.2 L
net saving over the remaining 18 years, after the switching cost
₹3,477
less every month
8 mo
to break even
1.35%
rate reduction
EMI now
₹39,593
EMI after
₹36,116
*Starting rates as on 2 Sept 2026, as published by each lender. Rates may change and are subject to the lender’s approval. Results are for your own planning, not an offer. LoanPark is a loan facilitator, not a lender.
While you are here.
How do I work out the break-even on a home loan balance transfer?
Divide your total switching cost by your monthly EMI saving. If moving the loan costs ₹26,400 and saves ₹3,477 a month, break-even is about eight months, and everything after that is yours. As a rule of thumb, a break-even beyond twenty-four months is not worth the effort.
What does switching a home loan cost in Gujarat?
Budget roughly ₹25,000 to ₹40,000 on a typical Gandhinagar file — the new lender's processing fee, legal and technical valuation, CERSAI, and the charges on the fresh mortgage: stamp duty of 0.25% of the loan capped at ₹5,000 plus a 40% surcharge on it (up to ₹7,000), registration of 1% capped at ₹5,000, and about ₹500 in page fees. Since 10 April 2025 the stamp duty part has been capped at ₹5,000 for loans up to ₹1 crore, where it previously reached ₹25,000. Advocate fees for the sale deed and the mortgage are extra.
Other tools
Eligibility, lender by lender
What each confirmed lender on our panel would lend against your income.
Stamp duty & registration, Gujarat
Sale and mortgage duty on the higher of jantri or consideration, including the 2025 mortgage cap.
EMI calculator
Instalment and total interest for any principal, rate and tenure.
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