How to use this home loan eligibility calculator?
For home loan eligibility
Go to loan4wish.com click on EMI Calculator and follow the below steps:
- Use the slider for Selecting Loan Amount
- Select the Loan tenure in Months using slider
- Move the slider and select the Interest Rate as per home loan rates
- Recalculate your EMI anytime by changing the input sliders
- EMI will be calculated instantaneously when you move the sliders.
What is Home Loan EMI?
Home Loan is the loan taken from any financial Institution for buying a home. Owning a home is a desire, hence, the home loan is one of the biggest and most sought out loans in the present scenario. Since the value of the property goes on increasing, so owning a home is a very good idea both from an owner view as well as from an investors view. To fulfill the same in an easy way you have Home loan option available with banks.
Home loan, usually taken is a big amount, for a longer period of time, upon which certain percentage of interest is levied. So a well planned EMI calculator is an important tool which will ease all your doubts within seconds.
It consists of a box, with 3 sliders, mainly Loan Amount, Loan Tenure, and Interest Rate. It is as simple as that, once you fill in the details you will be given how much EMI (Equal Monthly Installment), you need to give to the bank every month, in order to repay the loan to the Bank.
Click here for best home loan emi calculator or go to www.loan4wish.com /EMI calculator for all type of loans.
You can check all the following loans rates and eligibility with this EMI calculator:
Home loan emi, Car loan emi, Personal loan emi, Business loan emi ,Travel loan emi,