Home Loan

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Home Loan EMI Calculator

Loan AmountINR
 
TenorMonths
 
Rate of Interest Percent
 

Total Interest Payable

Rs.1,667

Total Payment (Principle + Interest)

Rs.20,01,667

Your EMI will be per month

Rs.20,01,667

What is a Home Loan?

Home loan is the sum of money Bajaj Finserv lends you to buy or build your dream home. You have the option to choose the loan amount as well as the tenor that suits your needs best. Home loans are generally taken for home purchase, home improvement, home construction, land purchase and other such purchases.

How to Apply for Home Loan?

Click on the following link: Home loan application form and fill it up to apply for your home loan online.

How to Calculate EMI on Home Loan?

Calculating the EMI amount on your home loan is quite easy. Simply enter the loan amount you wish to take, the tenor (in months, and not years) and the rate of interest, in the required fields. The calculator applies the following formula: E = P * r * (1+r)^n / ((1+r)^n-1) to let you know your EMI amount in seconds.

What is a Home Loan EMI Calculator?

It is a calculator which helps you to calculate your monthly EMI for your home loan. This feature is a good way to get a fair idea of how much money you would be spending on a monthly basis.

What are the Advantages of Knowing the Home Loan EMI in Advance?

Good planning always ensures stable finances. Calculating the EMI in advance gives a better understanding of the amount of money you would have to spend every month. Hence, you can plan well and decide whether you are actually able to spare that much money or not.

What are the advantages of a home loan EMI calculator?

Bajaj Finserv’s home loan EMI calculator helps you in calculating the monthly EMI, time period of instalments and home loan interest rate applied on the loan amount.

It helps you to decide whether you can afford the financial commitment or not. If you want, you can increase or decrease EMI amount depending on the loan you are taking and the time period for which you'll be paying the EMIs.

Home Loan Instant Approval

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Steps to Apply for Home Loan Balance Transfer

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