to use, understand & calculate home loan EMI
for servicing home loans
for buying dream house
A Home Loan EMI Calculator is an online financial planning tool for Home buyer. It helps in calculation of monthly repayments, a home loan EMI by just entering the loan amount you wish to borrow, tenure that you wish to pick with available annual interest rate.
Home Loan EMI is the monthly payment that you make to repay your home loan within the given tenure. The amount repayable (principal amount + interest amount) is divided into equal instalment payable every month throughout the tenure of the loan.
Factors that affect Home Loan EMI are :
With Standard Chartered Home loan EMI calculator, you can calculate the EMI amount that needs to be paid every month on housing loan thus helping you to take informed decisions while buying your dream house. This also helps in estimating Home loan amount that can be availed basis the cost of the property & home loan EMIs that needs to be paid every month.
A Home Loan EMI calculator is an easy-to-use tool. You just have to enter the following details in the calculator:
Once you will fill in all the details, your home loan calculator will calculate the EMI towards your home loan.
A Home Loan Amortization Schedule is a break-up of amounts repaid towards Principal & interest with the respective balances every year through out the tenure of loan. Standard Chartered Home Loan EMI Calculator helps in understanding the ratio of principal amount to the interest due based on loan tenure & interest rates.
Your home loan EMI will be due on a fixed date every month. Once your home loan is disbursed, this date will be notified to you.
Yes, home loans can be availed to upgrade an existing residential property. Home renovation loans are the best options available for those who wish to repair or renovate their existing house.
Following are eligible to buy Standard Chartered Home Loan:
Home loan EMI comes with a host of tax benefits. You are entitled to avail the following tax benefits while taking a home loan –
Here’s why you should choose Standard Chartered home loan –
