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The EMI calculator is useful in planning your cashflows for servicing your home loan. HDFC Bank offers home loans with EMIs starting from ₹787 per lac and interest rates starting from 8.75%* p.a. with additional features such as flexible repayment options and top-up loan.
EMI Loan Calculator for Personal Loan, Home Loan, & Car Loan. Calculate Equated Monthly Instalments (EMI) for a wide range of financial products through our free interactive calculators. You can calculate EMI for Home Loan, Personal Loan, Two Wheeler Loan, Auto Loan and more!
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What is HDFC Bank EMI calculator?
How to calculate HDFC home loan EMI?
How to calculate home loan EMI?
What is EMI calculator & how to use it?
Groww makes the process of calculating home loan EMI simple and straightforward with its HDFC bank home loan calculator. Follow these steps to know your EMI. Enter the loan amount, interest rate and tenure. Click to know your monthly payable EMI.
- What is the maximum possible tenure of a home loan in India?Most home loans have a minimum tenure of 5 years and a maximum tenure of 30 years.
- Can I add my family members as co-guarantors?You can apply for a joint home loan and add co-guarantors from your immediate family. YOU cannot add your friends or colleagues as co-debtors.
- Can I switch from a floating rate of interest to a fixed one?Some lenders give you the advantage of switching from a floating rate to a fixed rate of interest. However, some loan conditions may be tweaked. Pl...
- What happens if I default on my EMI payments?All lenders levy a penalty which you will have to pay if you default on regular EMI payments.
Through our SmartEMI Calculator, you can ascertain the EMI amount depending on the loan amount chosen, the interest rate and the tenure for repayment at HDFC Bank.
Apr 8, 2024 · HDFC Bank Home Loan EMI Calculator enables loan applicants to calculate the EMIs and total interest costs payable on their home loans for various combinations of loan amounts, interest rates and repayment tenures. Individuals can also use the HDFC home loan EMI calculator to find out the optimal EMI and loan tenure for their housing loans based ...
EMI = [P x R x (1+R) ^ N]/ [ { (1+R) ^ N}-1] Wherein P is the Principal Loan Amount, R is the monthly rate of interest, and N is the loan duration in months. However, to make your life easier, you can count on free Home Loan EMI Calculators available online.
