EMI

Know How to Calculate EMI (Equated Monthly Installments)
When a person takes loan from a bank to buy a house for a fixed tenure, he has to pay EMI (Equated Monthly Installments). EMI is the term used for the monthly payment made by a borrower to the lender towards interest and principal money borrowed. EMI amount depends on the following factors: Amount of Loan: […]

Understanding Home Loan Sanctioning and Disbursement Process
Home Loan is a buzz word for property buyers, real estate experts and investors. Before you apply for home loan you need to conduct some market research and choose lending company that offers best deal for buying your dream home or property. If the dream property is out of your budget now, consider a smaller […]