Best EMI Calculator for Home Car Personal Loan

Best EMI Calculator for Home Car Personal Loan

Best EMI Calculator for Home Car Personal Loan . Home Loan EMI Calculator with Prepayments, Taxes & Insurance

EMI Calculator for Home Loan, Car Loan & Personal Loan

Best EMI Calculator for Home Car Personal Loan . Home Loan EMI Calculator with Prepayments, Taxes & Insurance

With colourful charts and instant results, this free Loan EMI Calculator app is easy to use, intuitive to understand and is quick to perform. You can calculate EMI for home loan, personal loan, car loan, education loan or any other fully amortizing loan in India using this app. You can also check how prepayment can help reduce total interest outgo and reduce loan tenure.

Download the app and enter the following information:

  • Principal Loan Amount (rupees)
  • Loan Tenure (months or years)
  • Rate of Interest (percentage)
  • Fees & Charges (rupees) – Optional
  • EMI Scheme (EMI in arrears or EMI in advance) – Optional
  • Start Date (month & year) – Optional
  • Extra Payments / Prepayments – Optional

You are presented with payment summary with break-up of principal and interest components, payment schedule and chart for the loan details entered. You can choose to share this information via e-mail, SMS or any other messaging app. You can also share the results to your favourite note taking app.

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The app also computes the loan APR (aka IRR) using the fees and charges entered. This is especially useful for loans with 0% EMI schemes where fees and charges are levied (instead of interest) when purchasing mobiles, computers or household items.

Best EMI Calculator for Home Car Personal Loan . Home Loan EMI Calculator with Prepayments, Taxes & Insurance

SBI
SBI, ‘the most preferred home loan provider’ of the country, offers home loans at 6.7%, for those whose credit score is above 800, irrespective of loan amount. So during this festival season, the bank offers this reduced interest rate even if the loan amount is above 75 lakhs. Further, non-salaried borrowers can also avail this loan if their credit score is above the said threshold. In short, SBI is giving this offer for all those who have a healthy credit score regardless of loan amount and occupation. The processing fee is also completely waived off.

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HDFC
HDFC also offers home loans at 6.7% for those who have credit score of above 800 irrespective of loan amount and occupation. Moreover, the processing fee is reduced to Rs.3000.

LIC Housing Finance
In July, LICHF offered home loans at 6.6% to all new borrowers for the loan amount up to Rs. 50 lacs. Now they have extended this rate to all home loans up to Rs. 2 crores. This festival offer is available for borrowers who have credit scores of 700 and more regardless of their occupation. The offer is valid from 22-September to 30-November 2

Also, LICHF has now tied up with India Posts Payments Bank to provide home loan products through its network of 650 branches and 136,000 banking access points pan-India.

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selery Slip:-

The above offers (from SBI, HDFC and LICHF) are really favourable for professionals and self-employed people. So far, non-salaried people had to shell out more interest as the interest charged to them is few basis points more than what is usually offered to salaried people. Source link

Home Loan, Car Loan, Personal Loan EMI Calculator

EMI Calculator App

Impress your website visitors and customers with an EMI calculator that instantly calculates the monthly payment on their home loan, personal loan or car loan. The mobile-friendly widget works well on desktops, tablets or phones; it adapts itself to the your website’s layout and user device’s screen size. It can fit in your website’s sidebar, can be embedded within the main content or can be on its own page.

Please visit the EMI Calculator website http://emicalculator.net/ for more information.

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