PNB HFL Bank EMI Calculator

You are Eligible for EMI Amount
49,979
Principal Amount
6,500,000
Interest Amount
11,492,576
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  • Lowest Interest Rate
  • Highest Loan Value

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.

 

Frequently Asked Questions

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The PNBHFL Home Loan EMI Calculator is an online tool designed to help potential borrowers calculate their monthly Equated Monthly Installments (EMIs) for home loans from Punjab National Bank Housing Finance Limited (PNBHFL). By entering the loan amount, interest rate, and tenure, users can instantly determine their repayment schedule, enabling better financial planning.
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Using this tool helps you:
  • Plan Finances: Know your monthly repayment in advance.
  • Compare Loan Options: Adjust loan parameters to find the best EMI fit.
  • Save Time: Instantly get results without manual calculations.
  • Improve Decision-Making: Helps evaluate affordability before applying for a loan.
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PNBHFL typically offers home loans starting from ₹5 lakhs. However, the minimum loan amount may vary depending on the applicant’s eligibility and loan product.
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PNBHFL provides home loans with a maximum tenure of up to 30 years, depending on the borrower’s age, income, and loan type. Opting for a longer tenure reduces the EMI burden but increases the total interest payable.
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EMI is calculated by considering the loan amount, interest rate, and loan tenure. The EMI comprises both the principal and interest, distributed evenly over the tenure. The PNBHFL EMI Calculator simplifies this calculation, providing results in seconds.

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