Category Archives: EMI Calculator
FAQs on EMI calculator
An EMI calculator is easy to use utility tool that can be used by borrowers to calculate their emi. Apart from providing usual information like loan emi, tenure, rate of interest etc, emi calculator will also provide information for a … Continue reading
How to use EMI calculator
EMI stands for equated monthly installment and it is the amount that you have to pay in return of loan that you have received from the bank or financial institution. It is one of the most important decision criteria used … Continue reading
Benefits of EMI calculator
EMI stands for equated monthly installment that you have to pay in return of loan sanctioned by banks and financial institutions. One can easily calculate his or her emi with the help of an online emi calculator. Let us look … Continue reading
Types of EMI calculator
EMI stands for equated monthly installment and it is the amount that you have to pay in return to pay your loan amount to the banks or financial institutions. It is one of the important decision criteria for a … Continue reading
Information an EMI calculator provides
An EMI calculator is one of the best tools in the hand of a borrower. With the help of an emi calculator you can easily calculate your monthly emi that you have to pay each month to fully repay your … Continue reading
Is EMI always a good option?
We live in a world where every consumable item present on earth can be avail through emi. EMI stands for equated monthly installment that a purchaser or a borrower has to pay in equal interval of time (usually each … Continue reading
Pre emi or full emi?
EMI stands for equated monthly instalment and have to be paid by a borrower to repay his loan that he has borrowed from a bank or a financial institution. You can repay your loan amount by following two methods … Continue reading
Circumstances that can impact your EMI
EMI stands for equated monthly installments, while signing your loan agreement form you would be getting a detailed repayment schedule from the bank that would reflect your monthly payments towards the bank. However, your emi would change with period of … Continue reading
How to reduce interest burden on your home loan
Home loan emi is one of the largest burdens on a borrower of a home loan. After paying your home loan emi, you are not left with any surplus funds to invest in other investment options. Power of compounding works … Continue reading
Factors that affects your loan against property tenure
Apart from rate of interest and monthly installments (EMI), tenure of a loan is the most important factor considered by a borrower before opting for a loan against property from a bank or financial institution. Most of the banks consider … Continue reading