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calculation
by madhava madhu on Aug 23, 2008 08:43 AM

i have sanctioned home loan for Rs400000/-. but itakeen 350000/- only,my emi is fixed on 400000/-.emi is 5500/-. firstly itken loan for 10 years. first five months . how it is calculated what is the formula.now what is my loan period.my email address is madhusql@gmail.com.
please reply me
thanking you



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The above message is part of the Discussion Board:
How EMIs are calculated