All about home Loan EMI

home loans

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 602 total views A home loan is availed to facilitate the purchase of a property. The lender gives out the loan charging an  interest rate to be paid back in equal monthly instalments. Thus, the EMI comprises both the principal  amount and the interest rate. Home loans are given out in lump sum and paid back in equal monthly  instalments known as (EMI). It is one of the most crucial factors you need to calculate before finalizing  only after comparing all the lenders offering the loan.  What is an EMI?  EMI…

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