Loan is the need of the hour to step out from middle class to higher bracket in life and only loan I will recommend in life is the
Home loan as same is available at reasonable rates and one gets the income tax benefit against the home loan. For the said purpose one can use the
loan calculator excel sheet or can use the below designed
loan calculator India which can be of use for all those looking to find out
loan calculator SBI or
loan calculator HDFC.
The
EMI Calculator or so called
loan calculator will help you to access your affordability and thus one can plan the monthly payments / EMI’s. Thus one knows by using this tool that one can afford the said loan or not and can thus avoid being in a debt trap.
Do remember to bookmark the page to get the most accurate results for your financial planning and if possible spread the word by forwarding the URL of this page.