EMI – Equated Monthly Installment
Our EMI Calculator is easy to use, multi-functional and is quick to perform. Now calculate your Home Loan, Personal Loan, Loan Against Property (LAP); EMI before applying for loans. The detailed breakup of principal & interest component helps you with assessment of the total repayment towards your loan in India.
EMIs are comprised of Principal amount of the housing loan and Interest component applicable on the outstanding home loan amount.Depending on the financial requirement of the borrower, borrowers must decide proper home loan tenure. Lenders/Bankers charge low EMIs for long loan tenures and high EMIs for short loan tenures.