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Sundaram HFL Home Loan EMI Calculator

You are Eligible for EMI Amount

₹ 56,409

Principal Amount

₹ 65,00,000

Interest Amount

₹ 70,38,043

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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

Sundaram HFL Home Loan EMI Calculator

The Sundaram HFL Home Loan offers flexible financing solutions for your dream home. With competitive interest rates, easy repayment options, and a streamlined application process, Sundaram Home Finance Limited ensures a hassle-free experience, helping you achieve homeownership with tailored loan plans to suit your unique financial needs.

Benefits of Sundaram HFL Home Loan Calculator

The Sundaram HFL Home Loan Calculator offers several advantages to prospective borrowers:

  • Accurate EMI Estimation: 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.

Get Exclusive Home Loan Offers Here!

  • SBI Bank
    RECOMMENDED
    • Loan Amount
    • ₹ 65,00,000
    • Tenure
    • 20 yr
    • ROI
    • 8.5
    • EMI
    • ₹ 56,409
    View Now
  • SBI Bank
    RECOMMENDED
    • Loan Amount
    • ₹ 65,00,000
    • Tenure
    • 20 yr
    • ROI
    • 8.5
    • EMI
    • ₹ 56,409
    View Now
  • SBI Bank
    RECOMMENDED
    • Loan Amount
    • ₹ 65,00,000
    • Tenure
    • 20 yr
    • ROI
    • 8.5
    • EMI
    • ₹ 56,409
    View Now
  • SBI Bank
    RECOMMENDED
    • Loan Amount
    • ₹ 65,00,000
    • Tenure
    • 20 yr
    • ROI
    • 8.5
    • EMI
    • ₹ 56,409
    View Now
  • SBI Bank
    RECOMMENDED
    • Loan Amount
    • ₹ 65,00,000
    • Tenure
    • 20 yr
    • ROI
    • 8.5
    • EMI
    • ₹ 56,409
    View Now
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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:

Step 1: Access the Calculator Visit the Home Loan EMI Calculator
Step 2: Enter Loan Amount Input the desired loan amount you plan to borrow.
Step 3: Specify Loan Tenure Select the loan tenure in years.
Step 4: Input Interest Rate: Enter the applicable interest rate for the loan. Step 5: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 10 lakh for a tenure of 5 years at a 8.45% rate of interest, the applicable EMI will be –

E = 10,00,000 × .0070417(1+.0070417) ^60/ ([(1+.0070417) ^60]-1)

EMI= ₹20,492.44 per month

Amortization Schedule for a Sundaram HFL

An amortization schedule for a Sundaram Home Loan provides a detailed breakdown of each Equated Monthly Installment (EMI), illustrating the allocation between principal repayment and interest over the loan tenure.

Illustrative Example

Consider a home loan of ₹25 lakh with a tenure of 15 years at an interest rate of 8.50% per annum.

Year Month EMI (₹) Principal (₹) Interest (₹) Outstanding Balance (₹)
1 24,542 8,542 16,000 24,91,458
2 24,542 8,600 15,942 24,82,858
3 24,542 24,542 0 0

Understanding your amortization schedule is crucial for effective financial planning, as it provides insights into how your loan repayments are structured over time.

 

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.

Types of Home Loans We Offer

1. Fixed-Rate Mortgages

Enjoy the stability of consistent monthly payments throughout your loan term.

2. Adjustable-Rate Mortgages (ARMs)

Take advantage of lower initial rates with the flexibility to adjust over time.

3. FHA Loans

Government-backed loans with lower down payment requirements, perfect for first-time buyers.

4. VA Loans

Exclusive loans for veterans and active-duty military personnel with favorable terms.

Contact Us

Have any queries? We’d love to hear from you.

📞 Call us: +91 782 769 4613

✉️ Mail us: homeloan@suganta.com

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