How to calculate Home Loan EMI

1
Home Loan

• EMI Calculator

2
How to use home loan calculator ?
3
What is EMI ?

• EMI-Eqated Monthly Installment
• A fixed amount paid every month to clear home
  loan
• EMI Amount Principal Amount Interest Amount

4
How Does EMI vary ?

• Formula
• E Pr(1 r)n/((1 r)n - 1)
• Where
• E EMI
• PPrincipal Amount
• RRate of Interest

5
Home Loan EMI Calculator

• Home loan EMI paid every month to clear Home Loan
• You can use online calculator
• Visit
• www.bankbazaar.com/home-loan-emi-calculator.html
• to check your Home loan EMI

6
Feature of home loan EMI calculator

• As you vary the time period your EMI based on
  your monthly budget
• You can Knoe when Your Loan will clear

7
How to use Home Loan EMI Calculator at BankBazaar
?

• Go to http//www.bankbazaar.com/home-loan-emi-calc
  ulator.html
• You can use the slider to choose your loan amount

8
Contact Details

• htt
  www.bankbazaar.com/home-loan.html

support_at_bankbazaar.com
91 44 66511800