Calculate your home loan EMI online at BankBazaar

1. Home Loan EMI
Calculator
Equated Monthly Instalment

2. What is EMI ?
• Equated Monthly Instalment EMI is fixed amount made by borrower . EMI
is the monthly repayment amount

3. Home Loan EMI Calculator
• Home Loan EMI Mean the instalment payment of Home Loans . The benefits
of emi is that easily borrowers know how much loan have to pay every month .

4. How to calculate Home Loan EMI
• You can calculate Emi using this formula :
• Where :
• L=Home Loan Amount
• I=Home Loan Interest Rates(Rate per annum/12)
• N=Home Loan period (In Months)

5. Example :
• Assuming Loan Amount 100000 at 11% per annum repayable in 15 years
The EMI Will BE
• Home Loan EMI (100000 x .00916) x ((1+.00916)^180 ) /
([(1+.00916)^180] – 1)
• = 1,136
• Home Loan EMI= 1136

6. How to calculate home loan EMI online With
BankBAzaar
• Logon to http://www.bankbazaar.com/home-loan-emi-calculator.html
• Fill your Home Loan Detail
• And Calculate Quickly