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PNB HFL Home Loan EMI Calculator

You are Eligible for EMI Amount
₹56,409
Principal Amount
₹6,500,000
Interest Amount
₹7,038,042
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  • Lowest Interest Rate
  • Highest Loan Value
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₹8,000,000
8.5%
20 p.a

You are Eligible for EMI Amount

₹69,426
Principal Amount
₹8,000,000
Interest Amount
₹8,662,206
Why Suganta for Home Loan?
  • Offers from 34+ Banks
  • Lowest Interest Rate
  • Highest Loan Value

Need a more accurate EMI estimate?

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Your Repayment Details

Month Beginning Loan Balance EMI Principal Monthly Interest Outstanding Balances
January ₹650000 ₹5620 ₹1043 ₹4577 ₹648957
February ₹648957 ₹5620 ₹1051 ₹4570 ₹647906
March ₹647906 ₹5620 ₹1058 ₹4562 ₹646848
April ₹646848 ₹5620 ₹1065 ₹4555 ₹645783
May ₹645783 ₹5620 ₹1073 ₹4547 ₹644710
June ₹644710 ₹5620 ₹1080 ₹4540 ₹643629
July ₹643629 ₹5620 ₹1088 ₹4532 ₹642541
August ₹642541 ₹5620 ₹1096 ₹4525 ₹641446
September ₹641446 ₹5620 ₹1103 ₹4517 ₹640342
October ₹640342 ₹5620 ₹1111 ₹4509 ₹639231
November ₹639231 ₹5620 ₹1119 ₹4501 ₹638112
December ₹638112 ₹5620 ₹1127 ₹4493 ₹636985
Month Beginning Loan Balance EMI Principal Monthly Interest Outstanding Balances
January ₹6525000 ₹5620 ₹1654773 ₹4452 ₹648957
February ₹648957 ₹5620 ₹1051 ₹46540 ₹647906
March ₹647906 ₹5620 ₹1058 ₹4656 ₹646848
April ₹646848 ₹5620 ₹15555 ₹4555 ₹645783
May ₹645783 ₹56550 ₹1073 ₹4547 ₹644710
June ₹644710 ₹5620 ₹10330 ₹4540 ₹643629
July ₹643629 ₹563430 ₹1088 ₹4532 ₹642541
August ₹642541 ₹5620 ₹1046 ₹4525 ₹641446
September ₹6341446 ₹5620 ₹1103 ₹4517 ₹640342
October ₹644342 ₹5620 ₹1111 ₹4509 ₹639231
November ₹639231 ₹5620 ₹1119 ₹4501 ₹638112
December ₹638112 ₹5620 ₹1127 ₹4493 ₹636985

PNB HFL Home Loan EMI Calculator

The PNB Housing Finance Limited (HFL) Home Loan is designed to help you achieve your homeownership dreams with ease. Offering competitive interest rates, flexible tenure options, and a straightforward application process, PNB HFL Home Loans provide financing solutions for purchasing, constructing, or renovating your ideal home. With personalized loan amounts, easy EMI options, and dedicated support, PNB HFL ensures a smooth and transparent home loan experience, making homeownership accessible and affordable for all. Choose PNB HFL for reliable, customer-focused home financing solutions.

Benefits of PNB HFL Home Loan EMI Calculator

The PNB Housing Finance Limited (HFL) Home Loan EMI Calculator offers several advantages to prospective borrowers:

  • Accurate EMI Computation: By inputting your loan amount, tenure, and interest rate, the calculator provides precise Equated Monthly Installment (EMI) figures, aiding in effective financial planning.
  • Time Efficiency: This user-friendly tool delivers instant results, eliminating the need for manual calculations and saving valuable time.
  • Financial Planning: Understanding your EMI obligations helps in budgeting and ensures timely repayments, maintaining a healthy credit profile.
  • Loan Comparison: The calculator allows you to assess different loan scenarios by adjusting variables, enabling you to choose the most suitable loan option.
  • Prepayment Assessment: : It assists in evaluating the impact of prepayments on your loan tenure and interest savings, facilitating informed decisions.

How to Calculate Home Loan EMI

Calculating your home loan EMI doesn’t have to be stressful. SuGanta.com offers a free, easy-to-use EMI Calculator to help prospective borrowers understand their monthly payments instantly. Simply input your loan amount, interest rate, and loan tenure, and the SuGanta EMI Calculator will provide an accurate breakdown of your future EMI payments. This tool not only saves time but also allows you to explore various loan schemes, enabling you to make informed financial decisions for your home financing needs. Use SuGanta.com’s EMI Calculator today to simplify your home loan planning.

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How To Use SuGanta Home Loan EMI Calculator

Calculating your home loan EMI is straightforward with SuGanta's Home Loan EMI Calculator. Follow these steps:

Access the Calculator : Visit the Home Loan EMI Calculator
Enter Loan Amount : Input the desired loan amount you plan to borrow.
Specify Loan Tenure : Select the loan tenure in years.
Input Interest Rate : Enter the applicable interest rate for the loan.
Calculate EMI Click on the "Calculate Your EMI" button to view your monthly installment.

Home Loan EMI Calculation Formula

If you want to cross-check the EMI amount then use the following standardized formula:

E = P.r. (1+r)^n/([(1+r)^n]-1)

Here,
P = Principal or Loan amount
E = applicable future EMI
r = Interest rate applicable
n = Number of EMIs or applicable tenure

For example, if any borrower avails a loan of 25 lakh for a tenure of 10 years at a 8.95% rate of interest, the applicable EMI will be:

E = 20,00,000 × .0074583 × (1+.0074583)^120/[(1+.0074583)^120-1]

EMI = ₹31,601.33 per month

Amortization Schedule for PNB Housing Finance Home Loan

An amortization schedule for a PNB Housing Finance home loan provides a detailed breakdown of each Equated Monthly Installment (EMI), illustrating how each payment is divided between principal repayment and interest over the loan tenure. This schedule aids borrowers in understanding the progression of their loan repayment and the reduction of the outstanding balance over time.

Illustrative Example

Consider a home loan of ₹25 lakh with a tenure of 10 years at an interest rate of 9% per annum.

Year Beginning Balance (₹) EMI (₹) Principal Paid (₹) Interest Paid (₹) Ending Balance (₹)
1 25,00,000 31,880 1,61,585 2,18,443 23,38,415
2 23,38,415 31,880 1,76,743 2,03,285 21,61,673
3 21,61,673 31,880 1,93,322 1,86,705 19,68,350
4 19,68,350 31,880 2,11,457 1,68,570 17,56,893
5 17,56,893 31,880 2,31,293 1,48,734 15,25,600
6 31,880 31,880 2,52,990 1,27,037 12,72,610
7 12,72,610 31,880 2,76,722 1,03,305 9,95,887
8 9,95,887 31,880 3,02,681 77,346 6,93,206
9 6,93,206 31,880 3,31,075 48,953 3,62,132
10 3,62,132 31,880 3,62,132 17,896 0

The PNB Housing Finance Home Loan offers flexible, affordable financing options, making homeownership accessible. With competitive rates, tailored repayment plans, and a transparent process, PNB HFL ensures a seamless loan experience.

 

Home Loan FAQs

+
EMI stands for Equated Monthly Installment. It's the amount you pay each month to repay your home loan, which includes a part of the principal amount and the interest.
+
Home loan EMI is calculated using the formula: EMI = P * r * (1+r)^n / ((1+r)^n - 1), where P is the principal amount, r is the monthly interest rate, and n is the total number of months.
+
The main factors that affect your home loan EMI are the loan amount, interest rate, and loan tenure. A higher loan amount or interest rate will increase your EMI, while a longer tenure will decrease it.
+
Yes, most lenders allow prepayment of home loans. However, there might be certain terms and conditions, including prepayment charges. It's best to check with your lender for specific details.

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📞 Call us: +91 782 769 4613

✉️ Mail us: homeloan@suganta.com

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