![]() The rate of interest (R) on your loan is calculated per month. ![]() Illustration: How is EMI on Loan Calculated? A longer loan tenure (for a maximum period of 30 years) helps in reducing the EMI. It includes repayment of the principal amount and payment of the interest on the outstanding amount of your home loan. What is Home Loan EMI?ĮMI stands for Equated Monthly Installment. It an easy to use calculator and acts as a financial planning tool for a home buyer. Home Loan EMI Calculator assists in calculation of the loan installment i.e. Calculate the EMI that you will be required to pay for your home loan with our easy to understand home loan EMI calculator. With our reasonable EMIs, HDFC Bank Home Loan is lighter on your pocket. With a low-interest rate and long repayment tenure, HDFC Bank ensures a comfortable home loan EMI for you. with additional features such as flexible repayment options and top-up loan. The EMI calculator is useful in planning your cashflows for servicing your home loan. HDFC Bank offers home loans with EMIs starting from ₹769 per lac and interest rates starting from 8.50%* p.a. HDFC Bank's EMI calculator for a home loan can help you make an informed decision about buying a new house. HDFC Bank's home loan calculator helps you calculate your Home Loan Emi with ease. We do not guarantee their accuracy, or applicability to your circumstances. Results depend on many factors, including the assumptions you provide. Therefore this isn’t financial advice, nor is it a quote or an offer of finance from Kiwibank Limited.These calculators are provided only as general self-help Planning Tools. It doesn’t take into account your personal financial situation or goals. This calculator is intended to provide general information only and is based on the details you provide. In limited circumstances we may lend to borrowers with a minimum of 10% equity but this is subject to loan-to-value ratio (LVR) restrictions. Your repayment amounts are calculated on a 'principal + interest basis' for the loan term and therefore doesn't work for revolving loans.You pay the minimum required, and don't make any additional lump sum payments or borrow more under the loan.You make all your repayments in full and on time.Realistically, the interest rate is likely to change over the relevant loan term *The interest rate selected remains the same for the relevant loan term.To calculate results and compare options, it assumes: Interest rates are based on having a minimum of 20% equity. Once a portion of the loan has been repaid, your total repayment amount will reduce accordingly. Where you’ve split your home loan into two or more portions, total repayment means the combined repayments for all portions of the loan. ![]() When comparing options, the calculator identifies the option where you'll pay the least in total interest (compared against the option where you'd pay the most in total interest). Accessibility-audio-enhancement accessibility-braille-friendly accessibility-disabled-access android app-store-apple app-store-google arrow-black arrow-d arrow-green-two-toned arrow-green arrow-r arrow-u arrow b-corp-certification Logo-BB bg-warning breadcrumb calculator-big calculator caret-d-thick caret-d caret-l-bold caret-l caret-r-bold caret-r caret-u check-logo-atm check-logo-business check-logo-kiwibank check-logo-local chevron-black chevron-dropdown chevron-green-two-toned chevron-light chevron-medium-black chevron-medium-down chevron-medium chevron-skinny chevron circle-arrow clock close-x content-tip-flip content-tip-orange content-tip-white content-tip csv direction-pointer document email-experts facebook fax filters hamburger info-bg info-with-square info inner-kiwi iphone kiwibank-logo-black-text kiwibank-logo-md kiwibank-logo-print kiwibank-logo-rebrand kiwibank-logo-sm kiwibank-logo link linkedin load-next local-for-kiwibank-logo location-box-marker location-experts location-pin Email_PMS350 marker-small marker menu mobile-experts Mobile_PMS350 mouse padlock-outline-black padlock-outline padlock pause pdf pencil play-big play-black play-rounded Play - sharp Play-small play postshop-logo quote-mark radio_button-checked radio_button rainbow-tick-white rebrand-alert-square rebrand-arrow-right rebrand-facebook rebrand-info-square rebrand-instagram rebrand-left-right-arrows rebrand-linkedin rebrand-list rebrand-location-pin rebrand-twitter search speech-bubble telephone-experts Phone_PMS350 text-bullet tick-green-white-background tick-green tick twentyfour-hours twitter user video-big video warning-with-square warning
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