When quoting an international buyer, understanding the difference between FOB (Free On Board) and CIF (Cost, Insurance and Freight) is important.
FOB pricing generally covers the goods and the seller’s obligations up to the agreed point of shipment, while CIF pricing includes the cost of the goods, insurance and freight to the destination port.
Use the FOB vs CIF Calculator below to estimate the difference and understand how freight and insurance affect your export price.
Plan Your Loan Smartly Before You Borrow
Free ToolUses values from the EMI tab. Click Calculate.
Month-wise schedule appears below after Calculate. Use search and pagination on the table.
Loan A
Loan B
* Interest + processing fee + insurance.
| Month | Opening | Principal | Interest | Closing |
|---|
Equated Monthly Instalment — fixed monthly payment covering interest and principal under a reducing-balance loan.
Interest is charged on the outstanding principal, so the interest portion falls over time.
Fixed rates stay constant; floating rates move with the lender’s benchmark — EMI or tenure may change.
Ignoring fees, stretching tenure only to lower EMI, and not stress-testing affordability.
Using the standard reducing-balance formula with monthly rate and number of months.
Usually yes for fixed-rate reducing-balance loans; floating loans may change.
Sum of all interest portions across the schedule.
Yes for true cost of borrowing, even if not part of EMI.
Usually yes on reducing-balance loans if allowed without heavy charges.
Both help; monthly extras compound the effect over time.
Often lenders prefer total EMIs under ~40–50% of income; tighter is safer.
Less interest, higher EMI — match to cash flow.
Same formula; rates, security and tax treatment differ.
Yes — for learning loan maths and planning.
Estimate only; lender systems may round differently.
Month-by-month split of principal and interest.
Compare total interest and total outflow, not only EMI.
EMI or tenure can rise if benchmarks rise.
Include if mandatory or paid upfront with the loan.
Interest may still accrue — not modelled in this basic tool.
Apply after that month’s EMI in this planner.
CSV export of the amortization schedule.
Early EMIs are mostly interest on a large outstanding principal.
Based on residual income after expenses and existing EMIs vs proposed EMI.
Disclaimer: This calculator provides estimated EMI values for planning purposes only. Actual EMI, processing fees, taxes and repayment schedules may vary depending on the lender's policies.
FOB and CIF are Incoterms used in international trade to define responsibilities, costs and risk between the seller and buyer.
Under FOB, the seller generally handles the costs and responsibilities required to deliver the goods on board the vessel at the agreed port of shipment.
Under CIF, the seller generally arranges and pays for the cost of the goods, insurance and freight to the named destination port.
The exact responsibilities and transfer of risk depend on the applicable Incoterm and contract terms. Always confirm the agreed Incoterm and named place or port in your sales contract.
A simplified calculation is:
CIF Price = FOB Value + Freight + Insurance
The actual calculation can depend on the transaction, insurance method, freight quotation and contract terms.
An exporter may receive a buyer enquiry asking for either an FOB or CIF quotation.
Comparing both can help you understand:
This is particularly useful when freight rates change significantly between destinations.
Before sending a quotation, exporters should also confirm the correct Incoterm, named place or port, currency, payment terms and other commercial conditions with the buyer.
The calculator provides an estimate for comparison and planning. Always use the actual freight and insurance quotations applicable to your shipment when preparing a final commercial quotation.
👉 How to Find International Buyers Without Visiting Trade Fairs
👉 How to Find Export Buyers Using Import-Export Data
👉 BusinessZindagi Export & Import Tools
Calculated your FOB or CIF price? The next step is finding the right international buyer.
With Volza, you can research actual import-export shipment data to discover potential buyers, suppliers, products and markets.
👉 Explore Volza Global Import-Export Data
BusinessZindagi Tip: Search by your product or