Housing Loan Calculator Example:
Loan Amount | Tenor in Years | Interest Rate | Granting Commission | Effective APR | Installment Amount | Number of Installments |
100,000 | 1 | 6.5% | 1% | 8.72% | 8,630 | 12 |
100,000 | 5 | 6.5% | 1% | 7.14% | 1,965 | 60 |
100,000 | 10 | 6.5% | 1% | 6.94% | 1,140 | 120 |
100,000 | 15 | 6.5% | 1% | 6.87% | 876 | 180 |
100,000 | 20 | 6.5% | 1% | 6.83% | 751 | 240 |
100,000 | 25 | 6.5% | 1% | 6.81% | 681 | 300 |