Process - 2
Just calculate Home loan EMI Sample Calculations

| Personal Loan Amount Rs. | ||
| Interest Rate | % Per Annum | |
| Loan Tenure | Years | |
| Sample Results |
Loan Amount
Rs. 200,000
Monthly Instalment (EMI)
Rs. 5,516
Total Interest Amount
Rs. 64,748
Total Amount (Principal + Interest)
Rs. 264,748
|
| Year | Principal | Interest | Balance Amount |
| 1 | Rs. 39,766 | Rs. 26,426 | Rs. 1,60,234 |
| 2 | Rs. 45,930 | Rs. 20,262 | Rs. 1,14,304 |
| 3 | Rs. 53,054 | Rs. 13,138 | Rs. 61,250 |
| 4 | Rs. 61,316 | Rs. 4,914 | Rs. 0 |
| Bank Name | Interest Rate | Estimated EMI as Per Loan Amount |
| HDFC Bank | 13.99% - 22.25% | Rs. 5,464 - Rs. 6,328 |
| ICICI Bank | 14% - 18.5% | Rs. 5,465 - Rs. 5,927 |
| Bajaj Finserv | 15.75% - 17% | Rs. 5,642 - Rs. 5,771 |
| ING Vysya | 14.50% - 18.25% | Rs. 5,515 - Rs. 5,901 |