Home Loan Calculator
Calculate Your Home Loan EMI
What is EMI?
EMI stands for Equated Monthly Installment. It is the amount a borrower pays every month to repay the loan. The EMI consists of both the principal amount and the interest on the loan.
Benefits of EMI
EMIs make it easier for individuals to manage their finances and repay their loans in a structured manner. It helps in better financial planning and reduces the burden of lump-sum payments.