The Rate-Ripple Planner is a tool that helps you understand the impact of changing the interest rate on your existing loan. You can see how adjustments to the interest rate affect your loan’s tenure and total interest paid.

Start by entering your occupation, current age, loan amount, current interest rate, loan tenure, and loan start date. On the next page, specify the new interest rate and the date of change. Choose whether you want to see the impact on EMI amount or loan tenure, and click "Add row" to view the results.

You can choose to see how changing the interest rate affects either the EMI amount or the loan tenure. This allows you to understand the impact based on your specific financial goals.

Yes, the Rate-Ripple Planner provides an updated repayment schedule with a toggle option between the calendar year and financial year. This schedule can be downloaded or saved for future reference.

The Rate-Ripple Planner helps you make informed decisions about changing your loan’s interest rate. By visualizing the impact on both EMI and tenure, you can optimize your loan repayments, potentially saving on interest costs and managing your finances more effectively.