No-Cost EMI vs Upfront – Hidden IRR Trap (Free Calculator)
Methodology I compared a ₹ 50k phone on a 12-month no-cost EMI vs. upfront cash using the CFA IRR formula.Hidden costs: processing fee 1% + GST 18%, lost 1.5% cashback, opportunity cost 7% (savings rate).EMI cash flow: ₹0 upfront, then ₹4,167 × 12 → real IRR = 3.2%.Upfront cash flow: ₹50 k day 0 → … Read more