EMI Calculator
Attractive Interest Rates
Minimal Documentation
30 Years of Tenure
A vast array of institutions offer you the best home loan rates at the most competitive rates and affordable EMIs.
The basic home loan eligibility criteria are as follows:
Age:
Income
Employment
Credit Score
Income Proof Documents
1. Salaried Individuals
2. Self-Employed Individuals
3. Documents Required from all Non-Resident Indians (NRIs) Applicants
The monthly part-payment that you make to repay your Home Loan is known as an Equated Monthly Instalment (EMI). This monthly payment includes repayment of the principal amount of your loan divided over the period of the loan, with the agreed interest amount on the outstanding amount of your home loan.
Ruloans online Home Loan EMI Calculator is essential to make an up-to-date decision to execute your Home Loan Plan at optimum levels. This EMI calculator online aids you to perform complex computing functions to calculate your Home Loan Equated Monthly Instalment accurately in an instant.
The fees and charges of home loans usually vary from lender to lender and from case to case. The aforementioned table will give you a fair idea of the fees and charges related to home loans:
4/5
I was going through a low in my business and was unable to get financial support from lenders. Under these circumstances, Sahil from RULOANS suggested me to apply for a top-up home loan and use that money to fund my business. Thanks to the top-up home loan facility that helped my business to survive even in the odds.
SAMYAK SANCHETI
4/5
I took a Home Loan for 20,00,000 from SBI via Ruloans. I received a Home loan at a sparkling rate of 6.90%. Being a government employee I was offered low processing fees and other charges were minimal. I am very happy and suggest you check Ruloans for the best home loan options
ROHAN GAIKWAD
4/5
I got home loan offer from HDFC Limited through Ruloans. Earlier I was choosing some other bank but Ruloans facility of comparison helped me with a better choice.The amount was sufficient with tenure period of 15 years. The rate of interest is moderate. I took this loan to buy an apartment. EMI need to pay 36K. Pre closure is applicable but there is locking period of 6 months. Their service is good.
JITENDRA SINGH
4/5
First, I used RULOANS emi calculator to check the approximate EMI for a home loan. I found the website very good and then I applied for a home loan with KOTAK bank from here. My loan got approved in 10 days only which is less for a home loan when compared to other home loan providers.
MANOJ JADHAV
A home loan, is a loan provided by a financial institution to help you purchase or refinance a home. It is typically repaid in monthly installments over a specified term.
Qualification criteria can vary among lenders, but factors such as your credit score, income, employment history, and the property's value are commonly considered when determining eligibility.
Loan tenure refers to the length of time over which you'll repay your home loan. It can vary but is usually 15, 20, or 30 years. Longer tenures result in lower monthly payments but higher overall interest costs.
EMI stands for Equated Monthly Installment, which is the fixed monthly payment you make to repay your home loan. It typically includes both principal and interest portions.
Yes, most home loans allow for prepayment or early repayment. Some loans may have prepayment penalties, so it's essential to check with your lender.
Missing an EMI payment can result in penalties, increased interest costs, and negatively impact your credit score. It's crucial to communicate with your lender if you anticipate payment difficulties.