Home Loan Mumbai – Home Loan Interest Rates 2017

Leading Banks and NBFCs have reduced home loan interest rate for loan upto Rs. 30 lakh to assist Central Government’s mission of affordable housing. Major lending institutions such as SBI, HDFC, ICICI, Axis & India Bulls have reduced rate of interest on Home Loans. Presently, lenders are emphasizing to encourage salaried women borrowers to buy their dream home. Currently, the …

EMI Calculator – Home Loan in Mumbai

Calculating EMI with Mathematical Formula: EMI = [P x R x (1+R)^N]/[(1+R)^N-1] P stands for Loan Amount R stands for Interest rate per month [(if the interest rate per annum is 11%, then the rate of interest will be 11/(12 x 100)] N stands for total number of Monthly Instalments OR You can simply click here to calculate EMI on …