{"id":379,"date":"2020-08-09T04:37:38","date_gmt":"2020-08-09T04:37:38","guid":{"rendered":"https:\/\/www.loanfasttrack.com\/blog\/?p=379"},"modified":"2020-08-09T04:38:14","modified_gmt":"2020-08-09T04:38:14","slug":"home-loan-emi-calculator","status":"publish","type":"post","link":"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-emi-calculator\/","title":{"rendered":"Home Loan EMI Calculator"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/1.bp.blogspot.com\/-06PREx1KQB8\/Xe4Pxw2DQtI\/AAAAAAAAAqQ\/KcfijjE6b3cmWElGXLH3Qp0TAsNm_nXTACLcBGAsYHQ\/s1600\/home%2Bloan%2Bemi%2Bcalculator.jpg\" alt=\"Home Loan EMI Calculator - Loanfasttrack\"\/><\/figure>\n\n\n\n<p>Purchasing\na home can be a challenge without an external source of income i.e. borrowings\nfrom the financial lender Banks\/NBFCs. It is therefore important that you\naccess your repayment capacity before opting for a housing loan with the lender\nto avoid any financial mess in the future. An EMI calculator is of therefore\nvital importance since it makes your personal budgeting easier. It is an online\ntool for computing your per month housing loan instalments. The EMI calculator\nis important and advantageous because:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It exactly shows how much EMI you will pay as your monthly loan\ninstalments.<\/li><li>It saves your time by calculating the\nEMIs in seconds.<\/li><li>It improves your chances for making\nright decisions because the manual complex formula for calculating the EMI\nbecomes futile. <\/li><li>It calculates the total interest\npayable on your loan amount which helps you to choose a suitable loan tenure. <\/li><li>It also helps you to compare multiple\nEMIs with different loan tenures and interest rates and choose the one which is\nbest within your budget. <\/li><li>The EMI calculator App also helps you\nwith the amortization chart (monthly &amp; yearly), which gives you a fair\nunderstanding about the ratio of the principal amount to the interest due,\nbased on the loan tenure and interest rates.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Is Home Loan EMI?<\/strong><\/h2>\n\n\n\n<p>An\nEMI i.e. an Equated Monthly Instalment is a repayment method of the loan\nlenders (Banks\/NBFCs) in which the principal amount and the interest amount is\npaid to the lender in equal instalments every month until the loan tenure. With\nevery EMI paid the interest component decreases while the principal component\nincreases. The interest outgo during the initial periods of the loan tenure is\nhigh while the principal outgo is relatively low. The equation changes with\nevery passing month and towards the end of the tenure the principal outgo is\nhigher than the interest outgo. Click to get additional details on <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/what-is-home-loan-emi\/\"><strong>What Is Home\nLoan EMI?<\/strong><\/a><\/p>\n\n\n\n<p>Additional Read: <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/is-pre-emi-better-than-full-emi-find-out-yourself\/\"><strong>IS PRE \u2013 EMI BETTER THAN FULL EMI. FIND OUT\nYOURSELF.<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Factors That Affect Home Loan EMI<\/strong><\/h2>\n\n\n\n<p>Knowing\nthe EMI is important for calculating your home loan eligibility. The lower the\nEMI, the lighter it will weigh on your wallets and therefore it is important to\nunderstand the factors that affect your EMI. The home loan EMI amount largely\ndepends on the following 3 important factors:- <\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Principal Loan Amount<\/strong> &#8211; It is the loan amount that you avail from\nthe lender, which is determined on the basis of your income eligibility and the\ncost of the property. The principal amount is directly proportional to the EMI\namount. The higher the loan amount the higher will be the EMIs and\nvice-a-versa.<\/li><li><strong>Rate Of Interest <\/strong>&#8211; It is the rate of interest at which the lender (Bank\/NBFC)\noffers you the loan. The rate of interest is also directly proportional to the\nEMI. The higher the interest rates, the higher are your equated monthly\ninstalments and vice-a-versa. The interest rate can either be fixed or\nfloating.&nbsp; In fixed interest rates your\nEMI remains EMI throughout the fixed tenure of the loan, while in floating interest\nrates your EMI will vary as per the fluctuations in the interest rates. <\/li><li><strong>Loan Tenure <\/strong>&#8211; It is the period for your repayment of the housing loan. Home\nloans usually come with longer repayment tenures of up-to 30 years. The longer\nrepayment tenures are beneficial because the loan tenures are inversely\nproportional to the loan EMIs. The longer the tenure the lower is your EMI and\nvice-a-versa. Since the repayment is done every month, the tenure is calculated\nin months and not in years. Therefore a longer tenure of 30 years is equal to\n360 months.&nbsp; <\/li><li><strong>Other<\/strong> &#8211; There are various other indirect factors which have an impact\non your home loan EMI, such as your profile, income, age, credit score,\nrepayment history, employment details, property details, etc. which have a\ndirect impact on the interest rates and loan amount offered to you, which\nfurther fluctuates your loan EMIs. <\/li><\/ol>\n\n\n\n<p>Additional\nRead: <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/what-do-you-mean-by-loan-eligibility-in-home-loan\/\"><strong>What Do You Mean\nBy Loan Eligibility In Home Loan?<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Home Loan EMI Formula &#8211; How Home Loan EMI Calculator Works?<\/strong><\/h2>\n\n\n\n<p>All\nonline EMI calculators use a specific formula for calculating your home loan\nEMI amount, which is as follows: &#8211;<\/p>\n\n\n\n<p>EMI =\n[P x R x (1+R) ^N] \/ [(1+R) ^ N-1] <\/p>\n\n\n\n<p>Where\nP, R &amp; N are variable, which means the EMI value will change every time you\nchange any of the 3 variables. <\/p>\n\n\n\n<p>P\nstands for principal amount. It is the original loan amount given. <\/p>\n\n\n\n<p>R\nstands for rate of interest per month. (If the rate of interest per month is 7%\nthen the value of R will be 7 \/ (12 x 100). <\/p>\n\n\n\n<p>N\nstands for loan tenure in months.<\/p>\n\n\n\n<p>Assuming\nthat you have taken a loan of Rs.60lakhs for a tenure of 20 years at an\ninterest rate of 7%, the EMI will be calculated as follows: &#8211;<\/p>\n\n\n\n<p>[P=60\nlakhs, R= 7%p.a. i.e. 7\/ (12&#215;100) p.m &amp; N=20 years or 240 months]<\/p>\n\n\n\n<p>EMI=\n[60, 00,000 x 7\/ (12&#215;100) x (1+7\/ (12&#215;100)) ^ 240] \/ [(1+7\/ (12&#215;100)) ^ 240-1] <\/p>\n\n\n\n<p>EMI=\nRs. 46,518\/-<\/p>\n\n\n\n<table class=\"wp-block-table aligncenter\"><tbody><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/emi-calculator.html\"><strong>CALCULATE YOUR EMI<\/strong><\/a><strong><\/strong>\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<p><strong>Home Loan Per Lakh EMI For Different\nTenures @ 6.95% Using EMI Calculator<\/strong><\/p>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr><td>\n  <strong>&nbsp;<\/strong>\n  <\/td><td>\n  <strong>Tenure<\/strong>\n  <\/td><\/tr><tr><td>\n  &nbsp;\n  <\/td><td>\n  5 Years \n  <\/td><td>\n  10 Years\n  <\/td><td>\n  15 Years\n  <\/td><td>\n  20 Years\n  <\/td><td>\n  25 Years\n  <\/td><td>\n  30 Years\n  <\/td><\/tr><tr><td>\n  Per Lakh EMI\n  <\/td><td>\n  Rs.1,978\/- \n  <\/td><td>\n  Rs.1,159\/-\n  <\/td><td>\n  Rs.896\/-\n  <\/td><td>\n  Rs.772\/-\n  <\/td><td>\n  Rs.704\/-\n  <\/td><td>\n  Rs.662\/-\n  <\/td><\/tr><tr><td>\n  Total Interest Payable\n  <\/td><td>\n  Rs.18,666\n  <\/td><td>\n  Rs.39,021\/-\n  <\/td><td>\n  Rs.61,286\/-\n  <\/td><td>\n  Rs.85,352\/-\n  <\/td><td>\n  Rs.1,11,078\/-\n  <\/td><td>\n  Rs.1,38,301\/-\n  <\/td><\/tr><tr><td>\n  Total amount payable including\n  principal and interest\n  <\/td><td>\n  Rs.1,18,666\/-\n  <\/td><td>\n  Rs.1,39,021\/-\n  <\/td><td>\n  Rs.1,61,286\/-\n  <\/td><td>\n  Rs.1,85,352\/-\n  <\/td><td>\n  Rs.2,11,078\/-\n  <\/td><td>\n  Rs.2,38,301\/-\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<p><strong>Home Loan EMI Calculator For Different\nLoan Amounts &amp; Loan Tenures @ 6.95% Interest Rates Using EMI Calculator<\/strong><\/p>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr><td>\n  <strong>Loan Amount<\/strong>\n  <\/td><td>\n  <strong>10 Years<\/strong>\n  <\/td><td>\n  <strong>15 Years<\/strong>\n  <\/td><td>\n  <strong>20 Years<\/strong>\n  <\/td><td>\n  <strong>25 Years<\/strong>\n  <\/td><td>\n  <strong>30 Years<\/strong>\n  <\/td><\/tr><tr><td>\n  25 Lakhs\n  <\/td><td>\n  Rs.28,963\/- \n  <\/td><td>\n  Rs.22,401\/-\n  <\/td><td>\n  Rs.19,308\/-\n  <\/td><td>\n  Rs.17,590\/-\n  <\/td><td>\n  Rs.16,549\/-\n  <\/td><\/tr><tr><td>\n  50 Lakhs\n  <\/td><td>\n  Rs.57,925\/-\n  <\/td><td>\n  Rs.44,804\/-\n  <\/td><td>\n  Rs.38,615\/-\n  <\/td><td>\n  Rs.35,180\/-\n  <\/td><td>\n  Rs.33,095\/-\n  <\/td><\/tr><tr><td>\n  75 Lakhs\n  <\/td><td>\n  Rs.86,888\/-\n  <\/td><td>\n  Rs.67,203\/-\n  <\/td><td>\n  Rs.57,923\/-\n  <\/td><td>\n  Rs.52,769\/-\n  <\/td><td>\n  Rs.49,646\/-\n  <\/td><\/tr><tr><td>\n  1 Crore\n  <\/td><td>\n  Rs.1,15,851\/-\n  <\/td><td>\n  Rs.89,604\/-\n  <\/td><td>\n  Rs.77230\/-\n  <\/td><td>\n  Rs.70,359\/-\n  <\/td><td>\n  Rs.66195\/-\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<p><strong>Amortization Schedule<\/strong><\/p>\n\n\n\n<p>An\namortization schedule is a systematic table which provides details on your\nperiodic repayment of loans presenting the principal and interest amount that\ncomprise each payment until the loan is repaid. While each monthly payment remains the\nsame, the payment is made up of parts that vary over time. The amortization schedule determines\nthe percentage of EMI outgo towards the interest component versus principal\ncomponent.&nbsp; It provides the necessary\ninformation on your loan repayments such as loan amount, period of scheduled\npayments, outstanding loan principal amount, breakup of your monthly repayment\ntowards principal amount and interest amount and total interest payable. The\namortization schedule helps the lenders to keep a track of the funds owed to\nyou as well as forecast the outstanding balance or interest at any point of the\nrepayment schedule. This is generated through an amortization calculator.<\/p>\n\n\n\n<p><strong>Home Loan Amortization Schedule For 25\nLakhs Housing Loan For 10 Years @ 6.95% Using Home Loan Amortization Calculator<\/strong><\/p>\n\n\n\n<p><strong>(Assuming your loan is disbursed in\nthe month of August)<\/strong><\/p>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr><td>\n  Year\n  <\/td><td>\n  Total EMI \n  <\/td><td>\n  Principal\n  <\/td><td>\n  Interest \n  <\/td><td>\n  Balance \n  <\/td><\/tr><tr><td>\n  1\n  <\/td><td>\n  1,44,815\n  <\/td><td>\n  73,262\n  <\/td><td>\n  71,553\n  <\/td><td>\n  24,26,738\n  <\/td><\/tr><tr><td>\n  2\n  <\/td><td>\n  3,47,556\n  <\/td><td>\n  1,84,704\n  <\/td><td>\n  1,62,852\n  <\/td><td>\n  22,42,034\n  <\/td><\/tr><tr><td>\n  3\n  <\/td><td>\n  3,47,556\n  <\/td><td>\n  1,97,959\n  <\/td><td>\n  1,49,597\n  <\/td><td>\n  20,44,076\n  <\/td><\/tr><tr><td>\n  4\n  <\/td><td>\n  3,47,556\n  <\/td><td>\n  2,12,163\n  <\/td><td>\n  1,35,393\n  <\/td><td>\n  18,31,912\n  <\/td><\/tr><tr><td>\n  5\n  <\/td><td>\n  3,47,556\n  <\/td><td>\n  2,27,389\n  <\/td><td>\n  1,20,167\n  <\/td><td>\n  16,04,525\n  <\/td><\/tr><tr><td>\n  6\n  <\/td><td>\n  3,47,556\n  <\/td><td>\n  2,43,704\n  <\/td><td>\n  1,03,852\n  <\/td><td>\n  13,60,820\n  <\/td><\/tr><tr><td>\n  7\n  <\/td><td>\n  3,47,556\n  <\/td><td>\n  2,61,192\n  <\/td><td>\n  86,364\n  <\/td><td>\n  10,99,629\n  <\/td><\/tr><tr><td>\n  8\n  <\/td><td>\n  3,47,556\n  <\/td><td>\n  2,79,934\n  <\/td><td>\n  67,622\n  <\/td><td>\n  8,19,694\n  <\/td><\/tr><tr><td>\n  9\n  <\/td><td>\n  3,47,556\n  <\/td><td>\n  3,00,022\n  <\/td><td>\n  47,534\n  <\/td><td>\n  5,19,673\n  <\/td><\/tr><tr><td>\n  10\n  <\/td><td>\n  3,47,556\n  <\/td><td>\n  3,21,550\n  <\/td><td>\n  26,006\n  <\/td><td>\n  1,98,123\n  <\/td><\/tr><tr><td>\n  11\n  <\/td><td>\n  2,02,741\n  <\/td><td>\n  1,98,121\n  <\/td><td>\n  4,620\n  <\/td><td>\n  0\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Loanfasttrack\u2019s EMI Calculator<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"567\" src=\"https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2020\/08\/Home-Loan-EMI-Calculator-Loanfasttrack-1024x567.png\" alt=\"EMI Calculator - Loanfasttrack\" class=\"wp-image-380\" srcset=\"https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2020\/08\/Home-Loan-EMI-Calculator-Loanfasttrack-1024x567.png 1024w, https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2020\/08\/Home-Loan-EMI-Calculator-Loanfasttrack-300x166.png 300w, https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2020\/08\/Home-Loan-EMI-Calculator-Loanfasttrack-768x425.png 768w, https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2020\/08\/Home-Loan-EMI-Calculator-Loanfasttrack-800x443.png 800w, https:\/\/www.loanfasttrack.com\/blog\/wp-content\/uploads\/2020\/08\/Home-Loan-EMI-Calculator-Loanfasttrack.png 1187w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/emi-calculator.html\">Loanfasttrack\u2019s home loan EMI calculator<\/a> is a hassle-free simple generic calculator. The online calculator is free for unlimited use. It gives you an accurate estimate, which is pivotal for your financial budgeting. You can check your EMIs for various loan amounts and loan tenures and determine the best suitable loan amount and EMI to your pocket. It is easy to use. All you have to do is enter the 3 simple variables i.e. the loan amount, rate of interest and the loan tenure, and the calculator will calculate for you the loan EMI and the total interest payable. You do not have to register on the website to use the EMI calculator. But for knowing your exact home loan eligibility and its corresponding EMI it is suggested you register on the website. <\/p>\n\n\n\n<p><strong>Why Loanfasttrack?<\/strong><\/p>\n\n\n\n<p><a href=\"http:\/\/www.loanfasttrack.com\"><strong>Loanfasttrack <\/strong><\/a>is the best online user friendly\nplatform to compare and evaluate the <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-housing-loan-in-india\/\"><strong>best bank for home loan in India<\/strong><\/a>.\nLoanfasttrack is a Mumbai based loan provider company since 2015 offering loan services in Mumbai on&#8211; <a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>housing\nloan in Mumbai<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/mortgage-loan\/apply-online-now.html\"><strong>mortgage\nloan in Mumbai<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"><strong>personal\nloan in Mumbai<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\">,<\/a><a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"><strong>business\nLoan in Mumbai<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/business-loan.html\"><strong>unsecured business loans<\/strong><\/a>,<a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>home loan transfe<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>r<\/strong><\/a>, top-up loans, <a href=\"https:\/\/www.loanfasttrack.com\/car-loan.html\"><strong>car loans<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/car-loan.html\">,<\/a> educational loans and <a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>loan transfers<\/strong><\/a>. <\/p>\n\n\n\n<p>It also helps you:<\/p>\n\n\n\n<p>\u221a To\nfind the<a href=\"https:\/\/www.loanfasttrack.com\/home-loan.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan.html\"><strong>best bank for home loan<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p>\u221a To\nget lowest<a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>home loan\nrates in Mumbai<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p>\u221a To\nget an<a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"><strong>instant\nloan in Mumbai<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p>\u221a To\nget instant <a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"><strong>personal loan in Mumbai<\/strong><\/a> &amp;<a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"><strong>business\nloan in Mumbai<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p>\u221a To\nmake you qualify for the maximum<a href=\"https:\/\/www.loanfasttrack.com\/loan-against-property.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/loan-against-property.html\"><strong>loan\nagainst property eligibility<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p>\u221a To\nget a low cost<a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>home loan\nbalance transfer<\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p>\u221a To\nget assured low interest rates for<a href=\"https:\/\/www.loanfasttrack.com\/mortgage-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/mortgage-loan\/apply-online-now.html\"><strong>loan\nagainst property in Mumbai<\/strong><\/a><\/p>\n\n\n\n<p>Speak to our experts on <strong>9321020476<\/strong> or log on to <a href=\"https:\/\/www.loanfasttrack.com\/\"><strong>https:\/\/www.loanfasttrack.com\/<\/strong><\/a>\nfor additional details. You can also email on <a href=\"mailto:info@loanfasttrack.com\"><strong>info@loanfasttrack.com<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Additional Read:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/how-to-read-home-loan-sanction-letter-of-bank\/\"><strong>Know How To Deal With The Increasing Interest Rates\nOf Housing Loans<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-housing-loan-in-india\/\"><strong>Best Banks For Home Loan In India<\/strong><\/a><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-interest-rates%ea%98%a1compare-rates-of-top-banks\/\"><strong>Home Loan Interest Rates<\/strong><strong>\ua621<\/strong><strong>Compare Rates Of Top Banks<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/why-choose-icici-bank-home-loans\/\"><strong>Why Choose ICICI Bank Home Loans?<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/why-choose-hdfc-ltd-home-loan\/\"><strong>Why Choose HDFC Ltd. Home Loan?<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/canara-bank-home-loan\/\"><strong>Canara Bank Home Loan<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/top-up-loans-loanfasttrack\/\"><strong>Top Up Loans \u2013 Loanfasttrack<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-mortgage-loan-in-india\/\"><strong>Best Banks For Mortgage Loan In India<\/strong><\/a><strong><\/strong><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Purchasing a home can be a challenge without an external source of income i.e. borrowings from the financial lender Banks\/NBFCs. It is therefore important that you access your repayment capacity before opting for a housing loan with the lender to avoid any financial mess in the future. An EMI calculator is of therefore vital importance &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[45],"class_list":["post-379","post","type-post","status-publish","format-standard","hentry","category-finance","tag-home-loan-emi-calculator"],"_links":{"self":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts\/379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/comments?post=379"}],"version-history":[{"count":1,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts\/379\/revisions"}],"predecessor-version":[{"id":381,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts\/379\/revisions\/381"}],"wp:attachment":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/media?parent=379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/categories?post=379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/tags?post=379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}