Let Us Understand How The Term Insurance Works With The Help Of Example.
Loan Amount
₹ 1,00,000 ₹ 10 Crore
Tenure (Years)
1 30
Interest Rate (% P.A.)
0.5%15%
Principal
Interest
Total Payable
Gross Income (Monthly)
₹ 10,000 ₹ 10 Crore
Tenure (Years)
1 30
Interest Rate (% P.A.)
0.5%15%
Other EMIs (Monthly)
₹ 0₹ 10 Crore
Your Home Loan Emi will be
Gross Income (Monthly)
₹ 10,000 ₹ 10 Crore
Desired Loan Tenure
1 30
My Funds
₹ 10,000 ₹ 10 Crore
Other EMIs (Monthly)
₹ 0₹ 10 Crore
Interest Rate (% P.A.)
0.5%15%
Property Cost you can afford
Your Emi will be
Remaining balance salary
Existing Loan
₹ 10,000 ₹ 10 Crore
Tenure
1 30
Interest Rate (% P.A.)
0.5%15%
Tenure
1 30
Interest Rate (% P.A.)
0.5%15%
Existing EMI
Proposed EMI
Saving In EMI