Know how to use a Personal Loan Foreclosure Calculator

2 min read

A loan foreclosure is full repayment of the outstanding loan amount in a single payment. Thus, you can become debt-free sooner by opting for a personal loan foreclosure if you have extra funds.

You can use the foreclosure calculator to know the exact amount you need to prepay to close your loan account. All you have to do is fill in details like your loan amount, the number of paid EMIs, tenor, rate of interest, the month in which you wish to foreclose the loan, to know the amount you have to pay.

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