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Author: Illustration / Rough Estimation Purposes Only
Author: Illustration / Rough Estimation Purposes Only
EMICalculator.net
http://emicalculator.net/sbi-maxgain-why-should-you-choose-this-home-saver-loan
Disclaimer
This excel is for illustration / rough estimation purposes only and should not be used for planning your finances
disbursed in one go.
In reality, interest is calculated on a daily basis taking into account the surplus balance at the end of the day. Eve
your choice of pre-EMI or full EMI.
Note: You will have to approach the bank to close the home loan when Book Balance reaches zero.
₹4,038,866.26 ₹5,327,901.73
er-loan
be used for planning your finances or calculating your tax deductible amount etc. This excel calculates interest on a monthly basis instead
s balance at the end of the day. Even if you park the amount for a few days in the month, you save on total interest outgo. Your total outgo
tal interest outgo. Your total outgo will also vary if the loan amount is disbursed in stages and on