Use the interactive home loan calculator to calculate your home loan EMI. Get all details on interest payable and tenure using the housing loan calculator
https://www.hdfc.com/emi-calculator
2. How Does a Home Loan Calculator Help
You Choose the Right Home
If you've bought a house or are currently hunting for
one, I'm sure you'd agree with me that there's nothing
as daunting as finding a roof of your own. An
unplanned step, an unexpected expense can set you
back on your mortgage bills. And from then on,
everything goes haywire.
3. Not many know that disasters like these can be
averted with a simple tool that can help them plan
their purchase. A home loan calculator is an
effective tool, which can help prospective buyers
decide on the amount that they can afford to pay for
the emi for home loan without putting a strain on the
available resources.
4. The calculator determines the amount you can afford
to pay, by asking your input on three basic things; the
budget or the money you want to spend on the house,
your salary, and the rate of interest. These tools give
a general idea about the money that you would need
to allocate. There are other tools that are elaborate
and allow you to determine the loan on several
parameters including affordability,
5. mortgage payment, investment, housing payment and
even interest rate sensitivity. For example, if you're
interested in knowing how susceptible you are to
interest rate fluctuations in Singapore, all you've got
to do is to enter the principal amount, the rate of
interest and the number of years. Once you've sent
your input, a chart that calculates the monthly
payment for the period you've specified is displayed.
6. Key in the total home loan amount, the annual
interest rate and the term of the loan and you have
the total amount that you'd be paying as mortgage
through the mortgage calculator. Entering details
such as the length of the loan, interest rate, loan
amount, annual property tax, and the annual
insurance amount will tell you the exact amount that
you would have to partake with, to complete the
loan.
7. For those looking to buy a property for investment
purposes, but are skeptical about the return on
investment, there are specialized calculators that
allow people to determine the potential returns on
invested capital that can be achieved with various
interest rates and the down payment and tenor of the
home loan. All that you've got to do is to enter the
property price, the down payment, stamp duty, total
cash outlay and you'd be getting the expected rental
income per year.
8. The emi for home loan allows people to know their
maximum borrowing capacity. But it makes sense to
choose from a popular site.
Source: https://www.evernote.com/shard/s477/sh/9e577837-
80fd-4704-9ec4-
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