Online Copyright Registration in India

Protect your creative work
Books, Songs, film, websites, Software, painting, fashion Design etc
Call now: 09891244487

Ask Our legal Experts, on issues related to Divorce

File Mutual Consent divorce right away

Call at ph no: 9650499965
Search On:Laws in IndiaLawyers Search

To Appeal before CIC - Central Information Commission
For Filing and Hearing contact: Choudhury's law Office
Ph no: 9873628941

Author Topic: How to calculate Home Loan EMI  (Read 364 times)

0 Members and 1 Guest are viewing this topic.

Offline radhikasharma

  • Newlaw
  • *
  • Posts: 2
  • Karma: +0/-0
  • Welcome to legal Service India - law forum for free legal Information
    • View Profile
How to calculate Home Loan EMI
« on: February 18, 2016, 01:56:34 AM »
how to calculate emi and how should find out emi principal and emi interest?

Offline arwindsharma

  • Newlaw
  • *
  • Posts: 2
  • Karma: +0/-0
  • Welcome to legal Service India - law forum for free legal Information
    • View Profile
Re: How to calculate Home Loan EMI
« Reply #1 on: February 18, 2016, 02:00:43 AM »
Hi

If you want to calculate home loan EMI then I'm sharing with you a formula that will help you in EMI calculation, Please have a look at  E=P*R*(1+R)^/[(1+R)^-1]. You can calculate EMI online with home loan calculators.

Offline howtocalculate

  • Newlaw
  • *
  • Posts: 1
  • Karma: +0/-0
  • Welcome to legal Service India - law forum for free legal Information
    • View Profile
Re: How to calculate Home Loan EMI
« Reply #2 on: September 01, 2016, 11:08:12 PM »
The formula for EMI calculation is

  EMI= P.r.[(1+r)^n]/[(1+r)^n-1]

Where,

P=Principal or the Loan amount

r= Rate of interests  on monthly basis, if interest rate is 8% then, r=8/(12*100)

n= Tenure of Loan in nos of months (for 20 years, n=20 x 12=240)
To know how to calculate Principal and interest component of EMI click here
http://www.how-to-calculate.com/finance-calculator/how-to-calculate-emi/


 

File a Consumer Complaint
Property verification
Call: 9873628941
 

Lawyers in India - Listed city wise Mumbai
Bangalore
Pune
Pondicherry
Jaipur
lawyers in London
lawyers in Birmingham
Chennai
Allahabad
Ahmedabad
Jodhpur
Indore
lawyers in Toronto
lawyers in Sydney

Cochin
Lucknow
Ranchi
Thane
Janjgir
lawyers in Milan
Johannesburg

Delhi - New Delhi
Chandigarh
Surat
Nashik
lawyers in New York
los Angeles
Kolkata
Hyderabad
Rajkot
Nagpur
lawyers in Dhaka
lawyers in Dubai

Copyright Registration

Ph no: 9891244487

For Mutual consent Divorce in Delhi - Ph no: 9650499965

Home | Bare Acts | Law Forms | Supreme Court Judgments | Legal Advice | Lawyers | Submit article | Sitemap | Contact Us

legal Service India.com is Copyrighted under the Registrar of Copyright Act ( Govt of India) 2000-2016
Get Free legal Advice here from top notch lawyers in India