Bajaj Housing Finance Home Loan Calculator

The EMI calculator is a digital tool that enables you to quickly compute the total cost of borrowing. It is generally available free of cost, and can be used on any device that supports a browser. It helps learn about the EMIs payable and the total interest outgo. 

In fact, tools like the Bajaj Housing Finance Home Loan EMI Calculator are easy to use. All you have to do is enter the required input values, and check the results. You can be done in seconds.  

If you want to know about your prospective EMI outflow, you can use the Bajaj Housing Finance Home Loan EMI Calculator on Bajaj Markets.

The Bajaj Housing Finance Home Loan EMI Calculator lets you determine the EMI amount that you will have to pay on a certain loan amount. To use this online tool effectively, all you have to do is follow these simple steps: 

• Step 1: Enter the amount that you wish to avail as a loan from Bajaj Housing Finance 

• Step 2: Select the loan repayment tenure

• Step 3: Enter the interest rate applicable 

• Step 4: Click the ‘Calculate Now’ button

   

Once you click on the ‘Calculate Now’ button, you will instantly see the home loan EMI amount on the screen. You can even change the variables to arrive at a number that is most suitable for you. 

When deciding on the repayment tenures, you must bear in mind the following:

• The longer repayment tenure would mean that you will have to pay lesser amounts as EMIs. However, since you will be charged interest for the longer term, you will end up paying much more as interest charges. 

• If you select a shorter repayment term, you will have to pay a higher sum on EMIs. At the same time, the total interest that you will pay over time will be considerably lower. 

The following table will show you what your Bajaj Housing Finance Home Loan EMI will look like at different repayment tenures. For the same, assume that the applicable interest rate is 12%: 

Disclaimer: The above EMIs are calculated with the calculator available on Bajaj Markets. Actual figures may vary depending on the loan terms.