Advantages of using EMI Calculator while applying for Home loan?
By Raj
@navin6059 (14)
Gurgaon, India
May 19, 2015 1:41am CST
- You know how much money you will be spending every month towards the EMI.
- You get to choose the best offers from the different banks.
- You can plan the repaying option when you get an idea of the EMI amount that you will be paying to the bank.
- You can calculate if you can afford the loan or not. This way you won’t realise it halfway through paying the loan. Saves you from a possible bad credit as well.
- Gives you a complete analysis of the EMI amount, tenure and rate of interest. Which will lead you to take the best decision with regard to which loan you must opt for.
- The EMI calculator gives you a clear graphic and tabular break-up of your home loan repayment.
- You get a detailed review of your repayment schedule.
Advantages of EMI calculator: - The advantages of using EMI calculator while applying for a home loan to know your EMI amount are: - You know how much money you will be spending every month towards the EMI. - You get to choose the best offers from
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