Personal Loan

How to Calculate Foreclosure of a Loan

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How to Calculate Foreclosure of a Loan?

The pre-closure of loan or the full repayment of the remaining loan amount in one single payment is termed as a Loan foreclosure. Use the foreclosure calculator, by selecting the number of EMIs that you have already paid and the month on which you want to foreclose your loan. This will help you calculate the foreclosure amount.