It is indeed nice to see this forum very fruitful and worth following. As understanding the exact tactics behind EMI, I may also want to know the FORMULA (mathematical) with which we calculate the EMI. I really find the excel sheet very usefull, at the same time very keen to know the physical calculation.
How do you arrive at the first basic principal amount and the interest rate>?
This is good information and few already have quiet a few handful info like this. Also kindly let me know if we can Expand or Shrink our loan duration. Any banks suoporting this phenomenon. No body ever knows the Financial status would be the same through out the tenure..
All these days i used to call one of Finance Friend for all my query's. Atfer seeing article in rediff i am realy very happy now, i feel i did not hav to go to anybody.
RE:why not dear
by Reality check on Jan 08, 2007 10:31 PM Permalink
Looks like u dont want to understand what she is trying to say.. You like it that way dont u... She said its her "personal choice" and not something that she decided due to some cultural or social restriction...
Hey don't you think that the last part has been hurried up a little bit. Please keep it a little slow when such a sudden change in concept ius involved Regards, Rajat
