Emi Calculator

Use the EMI Calculator for Home Loan, Mortgage Loan, Car Loan, Personal Loan Etc

Mortgage Loan Calculator Benefits: –

Inputs:

1. Loan Amount:
   • Enter the total amount you wish to borrow.
   • Example: 250,000
2. Interest Rate:
   • Enter the annual interest rate (as a percentage).
   • Example: 3.5%
3. Loan Term:
   • Select the term of the loan in years.
   • Options: 15, 20, 30 years
4. Down Payment:
   • Enter the amount you will pay upfront.
   • Example: 50,000
5. Property Tax Rate:
   • Enter the annual property tax rate (as a percentage).
   • Example: 1.25%

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Outputs:

1. Monthly Principal & Interest Payment:
   • This is the main portion of your mortgage payment.
2. Monthly Property Tax Payment:
   • Calculated based on your property tax rate.
3. Monthly Homeowner’s Insurance Payment:
   • Estimated monthly cost based on annual insurance cost.
4. Total Monthly Payment:
   • Sum of principal, interest, property taxes, and insurance.
5. Total Interest Paid Over Loan Term:
   • Total interest you will pay over the life of the loan.

Online Easy to Apply