Home Loan - Mortgage Rate

Online financial calculator that allows you to calculate the total re-payment tenure of a loan. Enter monthly EMI payment and the rate of interest in the fields given below to calculate the total debt to be repaid.

Home Loan – Mortgage Rate

  • Monthly Income (Rs.)

  • Other Income(Rs.)

  • Monthly Expeniture(Rs.)

  • Term of Loan

  • Annual Interest Rate on loan (0-30%) (% )

  •  

     
  • Home Loan Value (Rs.)=

  • Total Interest (Rs.)=

  • Monthly Payment (Rs.)=

Formula Used:
House Value = monthly×( ( 1+I / (100*12) ) years×12-1 )/( I / ( 100×12 )×( ( I / ( 100×12 ) ) + 1 ) year*12 )


Where,
    Monthly = (monthly income + other income - monthly expeniture) × 28 /100
    I = Interest