Let this simple calculation speak about your EMIs !!!
Hey today am planning to give you some gyan about EMIs, which become a part of our fast life
In house finance, equated monthly installment (EMI) refers to the monthly payment towards interest and principal made by a borrower to a lender.EMI is calculated using a formula (feeling like back to school or collegeJ) that considers loan amount, interest rate and loan period as variable
So here is the Formula for calculating EMI:
what do you think about the math’s done here
.. simply simple isn’t it
check your answers with our EMI Calculator right at your computer screen.
courtesy: Times Property 9th july







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