Скачать с ютуб Home Loan Repayment Tips with Prepayment Calculator | How I CLOSED Loan within 5 Years в хорошем качестве

Home Loan Repayment Tips with Prepayment Calculator | How I CLOSED Loan within 5 Years

Home Loan Repayment Tips & Excel Calculator download In this video by FinCalC TV we will see Home Loan Repayment Tips with Prepayment Calculator using excel sheet in hindi. We will see 5 tips to save home loan interest amount in long term. Also we will check home loan EMI and prepayment calculator to know the EMI and total interest amount to be paid. Prepayment helps you to save interest amount in home loan. Home Loan Calculator Online: https://fincalc-blog.in/home-loan-emi... Website Blog: https://fincalc-blog.in/5-home-loan-r... Home Loan Prepayment Reduce EMI or Tenure:    • Home Loan Prepayment Reduce EMI or Te...   JOIN Telegram Group: https://t.me/fincalc_tv_channel DOWNLOAD Android App: https://play.google.com/store/apps/de... WHAT IS HOME LOAN EMI CALCULATOR Home Loan EMI Calculator helps you to calculate home loan EMI (Equated Monthly Installment). This calculation helps you in planning for loan to buy or construct new house so that you get the idea of monthly loan EMI you will be paying. Loan EMI Calculator also helps you to know the Total Interest you will be paying throughout your loan tenure. The Total Amount you pay to close your loan is Loan Amount + Total Interest HOME LOAN EMI CALCULATION METHOD Home loan EMI can be easily calculated in excel using PMT function PMT function takes 3 parameters: Interest Rate, Remaining months and Principal value remaining Interest rate provided should be the monthly home loan interest rate divided by 100 Remaining months is the number of months remaining for which EMIs are yet to be paid Principal value is the outstanding principal amount remaining in your loan account Remember, your EMI consists of 2 things: Principal Amount and Interest Amount Interest Amount is high initially, and decreases with time Principal Amount is low initially, and increases with time COMPONENTS OF LOAN EMI Basically there are 2 components of loan EMI – Principal Amount and Interest Amount Principal amount is low initially and increases with time Interest amount is high initially and decreases with time Majority of Interest amount is paid by you during the first half of your loan tenure As you move towards your loan closure by paying all EMIs on time, very less interest if left to be made making it difficult to save loan interest using loan prepayment option Thus, it is recommended that if you are making loan prepayments to save interest, make the payments during initial half of the loan so that you can save maximum interest on your loan Car Loan EMI is also calculated in same way as above FACTORS AFFECTING LOAN EMI 2 factors affect Loan EMI – Interest Rate and Tenure Higher the interest rate, more interest amount you will be paying Longer the tenure, more interest amount you will be paying You should try to take loan with minimum interest rate and tenure to save maximum interest amount #HomeLoan #Repayment #Calculator #FinCalC ============================ LIKE | SHARE | COMMENT | SUBSCRIBE Mujhe Social Media par FOLLOW kare: Facebook :   / fincalctv   Twitter :   / fincalctv   BLOG: https://fincalc-blog.in Telegram: https://t.me/fincalc_tv_channel Instagram:   / fincalc_tv   ============================ MORE VIDEOS: SIP Returns Calculation:    • SIP Returns Calculation Examples - ₹2...   Income Tax Calculator:    • Income Tax Calculation Examples betwe...   Loan EMI Calculator:    • Home Loan EMI Calculator Excel with P...   Loan EMI Prepayment Calculator:    • Home Loan EMI Prepayment | How to Sav...   ============================ DISCLAIMER: Examples and demo used are for Illustration purpose only and might not cover every detail of examples shown.