Frequently asked questions
The Loan Against Property Calculator is a type of calculator that helps you calculate your monthly instalments for the repayment of your loan against property.
EMI, or equated monthly instalment, is the total amount payable every month until the loan has been fully repaid. Every EMI consists of a principal component and an interest component. You can calculate your EMI in advance by using our EMI calculator.
LAP EMI calculator needs three key inputs to work; loan amount, tenure, and loan against property interest rate. Once you enter these details, the online calculator will help you calculate your EMI, total interest, and total amount payable.
A Property Loan Calculator or a Mortgage Loan EMI Calculator is easy to use. All you need to do is enter the following information:
- The loan amount
- Rate of interest
You can move the sliders to your left or right to adjust the values or directly type them in.
Now that you have all the information you need, go ahead and calculate your eligibility using the loan against property eligibility calculator or even schedule the full repayment of your loan using the loan against property foreclosure calculator.