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How To Use Lodha's Home Loan EMI Calculator

By LODHA

March 05, 2023

What Is A Home Loan EMI Calculator?

Everyone has a beautiful and pristine vision for their ideal home. However, bringing that vision to life is not always financially feasible for everyone. Breathing life into your dream home is especially challenging today, given the soaring real estate prices in India. This is why many prospective homebuyers choose external financing options like home loans to fund their dream home projects.

If you want to apply for a home loan but are not sure how to calculate the equated monthly instalment (EMI) for your loan, don't go running in circles at your bank. With Lodha's Home Loan EMI calculator, planning your finances for your dream home has never been easier. With this handy tool, you can get an exact idea of how much EMI you will be liable to pay. All you need is some basic information to input into the calculator.

Benefits Of Using Lodha's Home Loan EMI Calculator

1. Efficiency: Lodha has made calculating your home loan EMI easier than ever. Our home loan EMI calculator only requires you to have a few necessary details, and it will calculate and display the EMI value in no time. 

2. Accuracy: We have removed all the guesswork with our home loan EMI calculator. You can expect accurate estimates of the EMI value, which will make your financial planning journey hurdle-free.

3. Free To Use: Our home loan EMI calculator is free for all to use on our website, and there is no limit on the number of times you can use it as well. This means you can easily calculate the EMI for different home loan amounts.

How To Use Lodha's Home Loan EMI Calculator?

1. Loan tenure: Use the slider on the screen or the keypad on your device to enter the tenure for which you want to avail of your housing loan. Your tenure can go up to 30 years. A longer loan tenure (for a maximum period of 30 years) helps in reducing the EMI, but you will end up paying a higher interest amount.

2. Interest rate: Enter your desired interest rate of up to 15% into the calculator, or use the convenient slide mechanism on the screen.

3. Loan amount: You can also calculate your home loan EMI by entering your preferred loan amount into Lodha's EMI calculator. You will then see the final total EMI on your screen, including principal, interest amount and total amount payable.

For more information on Lodha's Home Loan EMI Calculator, visit- /home-loan-emi-calculator

Does Lodha Provide Support For Home Loans From Banks?

Lodha Fincorp (LFC) is our in-house loan team that works with multiple banks to get home loans for Lodha customers as quickly as possible. Our representative will collect the necessary documents for loan sanction, submit them, and handle the entire loan process until the first loan instalment is disbursed.

We provide a variety of value-added services to our customers to help them at every stage of the home-buying process. Click here to see a sample of the services we provide.

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