What is Home Loan EMI?
EMI stands for Equated Monthly Installment. It includes repayment of the principal amount and payment of the interest on the outstanding amount of your home loan. A longer loan tenure helps in reducing the EMI.
Home loan EMI calculator gives you an approximate figure for the total monthly installment payments.
Home Loan EMI calculators give a fair understanding about the ratio of the principal amount to the interest due, based on the effect of the tenure and interest rates.
Now, Calculate the EMI for your dream home loan by using our easy to use Home Loan EMI Calculator. You can use this calculator for Home Loan taken from any bank such as ICICI Bank, SBI Bank, HDFC Bank, Indiabulls Housing finance, Axis Bank, Bank of Baroda, Canara Bank, PNB Housing, LIC Housing finance etc