Loan Term (n): This is the number of months you plan to repay the loan. Example: How EMI Works Suppose you borrow ₹1,00,000 at an annual interest rate of 12% for a loan tenure of 2 years.

Avoid EMI defaults, by keeping in mind the date at which the EMI is to be paid. Maintain an adequate balance in your account on the relevant date so that the EMI payment is made successfully.

Know the formula to calculate your home loan EMI EMI depends on three factors - principal outstanding, tenure of the loan, and the interest rate. If the outstanding is higher, the EMI will also be ...

The acid-test ratio, also known as the quick ratio, measures the liquidity of a company. Learn how to calculate acid-test ratio here.

Gross margin represents the amount of total sales revenue that a company retains after incurring the direct costs associated with producing the goods sold by the company.

If you are still not sure how to calculate the EMI for home loan, let us understand the EMI calculation with an example. Let us assume, Miss. Sheetal Shah, a 32-year-old working professional ...

EMI Calculator online: Calculate the EMI/monthly instalment for your car loan, home/housing loan, or personal loan in India. Calculate your loan EMI based on the amount, interest rate, and tenure.