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loan calculation
by on May 05, 2008 03:04 PM

i have sanctioned home loan for Rs252000/-. but itakeen 144498/- only,my emi is fixed on 252000/-.emi is 2831/-. firstly itken loan for 15 years. first five months unterest charges 468,1305,1277,1250,1263. how it is calculated what is the formula.now what is my loan period.my email address is tvenugopal1972@gmail.com.
please reply me
thanking you

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