EMI Calculator - Calculate Equated Monthly Installment (EMI) for Home Loan / Housing Loan, Car Loan & Personal Loan

MAIN FEATURES:
* Calculate EMI
* Calculate Tenure
* Calculate Principal/Loan Amount
* Calculate Interest Rate
* Compare two loans with fix/flat and reducing interest rate
* Home Loan Interest Rate with processing fees of all bank
* Personal Loan Interest Rate with processing fees of all bank
What is Home Loan EMI Calculator?
Home Loan EMI Calculator assists in calculation of the loan installment i.e. EMI towards your home loan. It an easy to use calculator and acts as a financial planning tool for a home buyer.

How to use Home Loan EMI Calculator?
All you need to do is input the following to arrive at your EMI:
* Loan Amount: Input the desired loan amount that you wish to avail
* Loan Tenure (In Years): Input the desired loan term for which you wish to avail the housing loan. A longer tenure helps in enhancing the eligibility
* Interest Rate (% P.A.): Input the interest rate.

How does EMI calculation help in planning the home purchase?
Home Loan EMI calculator gives a clear understanding of the amount that needs to be paid towards the EMIs and helps make an informed decision about the outflow towards the housing loan every month. This helps estimate the loan amount that can be availed and helps in assessing the own contribution requirements and cost of the property. Therefore knowing the EMI is crucial for calculation of home loan eligibility and planning your home buying journey better.

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