A vast array of institutions offer you the best home loan rates at the most competitive rates and affordable EMIs.
Learn MoreHome Loan Eligibility and Documents Read on to know the criteria required to apply for our Home Loan.
Learn MoreEMI Calculator for Home Loan The monthly part-payment that you make to repay your Home Loan or Mortgage Loan may be known as an Equated Monthly Instalment (EMI). This monthly payment includes repayment of the principal amount of your loan divided over the period of the loan, with the agreed interest amount on the outstanding amount of your home loan. Ruloans Home Loan EMI Calculator online is essential to make an up-to-date decision to execute your Home Loan Plan at optimum levels. This EMI calculator online aids you to perform complex computing functions to calculate your Home Loan Equated Monthly Instalment accurately in an instant. What is Home Loan EMI Calculation Formula? You may calculate your Home loan EMI by dividing the period of your loan in months after putting together your Principal Loan Amount, and the Interest Payable on the Amount. Below is the Home Loan EMI Calculation Formula: EMI = [ P x R x ( 1 + R ) ^ N ] / [ ( 1+R ) ^ N - 1 ] Where: P = Principal Loan Amount R = Interest Rate per month N = Period Of Loan in months
Learn MoreWhat is a home loan? How do I qualify for a home loan? Can I prepay my home loan? Is it possible to secure a 100% home loan from a bank? What documentation is required for salaried professionals applying for a home loan? Can I apply for a home loan jointly with a friend or family member? Who can be joint borrowers in a Home Loan?
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