✔️Can I apply online for a Bajaj Housing Finance Home Loan after using the EMI calculator?

Yes, after determining your EMI outflow using this online tool, you can apply for a Bajaj Finance home loan on Bajaj Markets.

Bajaj Housing Finance Home Loan Calculator

Calculate your EMI by using the Bajaj Finance Home Loan Calculator

✓ Home Loan from ₹2 Lakhs To ₹2.5 Cr ✓ EMIs as low as ₹733/Lakh* ✓ Interest Rates Starting @ 8.85% Apply Now

The EMI calculator is a digital tool that enables you to quickly compute the total cost of borrowing. It is generally available free of cost, and can be used on any device that supports a browser. It helps learn about the EMIs payable and the total interest outgo.

In fact, tools like the Bajaj Housing Finance Home Loan EMI Calculator are easy to use. All you have to do is enter the required input values, and check the results. You can be done in seconds.

If you want to know about your prospective EMI outflow, you can use the Bajaj Housing Finance Home Loan EMI Calculator on Bajaj Markets.

Calculate Bajaj Home Loan EMI Online

Loan Amount

₹

Tenure

Months
Years

Rate of Interest

Monthly EMI

at % interest rate for months

Total Amount Payable

Principal Amount

Total Interest Amount

Apply Now

Home Loan Amortization Schedule

Year	Principal	Interest	Balance

How to Use the Bajaj Housing Finance EMI Calculator

The Bajaj Housing Finance Home Loan EMI Calculator lets you determine the EMI amount that you will have to pay on a certain loan amount. To use this online tool effectively, all you have to do is follow these simple steps:

Step 1: Enter the amount that you wish to avail as a loan from Bajaj Housing Finance
Step 2: Select the loan repayment tenure
Step 3: Enter the interest rate applicable
Step 4: Click the ‘Calculate Now’ button

Once you click on the ‘Calculate Now’ button, you will instantly see the home loan EMI amount on the screen. You can even change the variables to arrive at a number that is most suitable for you.

Bajaj Housing Finance Home Loan EMI Amount at Different Tenures

When deciding on the repayment tenures, you must bear in mind the following:

The longer repayment tenure would mean that you will have to pay lesser amounts as EMIs. However, since you will be charged interest for the longer term, you will end up paying much more as interest charges.
If you select a shorter repayment term, you will have to pay a higher sum on EMIs. At the same time, the total interest that you will pay over time will be considerably lower.

The following table will show you what your Bajaj Housing Finance Home Loan EMI will look like at different repayment tenures. For the same, assume that the applicable interest rate is 12%:

Principal Amount	Loan EMI (based on tenure)
Principal Amount	15 years	20 years	30 years
₹25,00,000	₹30,004	₹27,527	₹25,715
₹50,00,000	₹60,008	₹55,054	₹51,431
₹75,00,000	₹90,013	₹82,581	₹77,146
₹1,00,00,000	₹1,20,017	₹1,10,109	₹1,02,861

Disclaimer: The above EMIs are calculated with the calculator available on Bajaj Markets. Actual figures may vary depending on the loan terms.

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FAQs on Bajaj Housing Finance Home Loan EMIs

One of the most important benefits of using a Bajaj Housing Finance Home Loan EMI calculator is that it lets you plan your finances accordingly.

Once you know about your EMI outgo, you will be able to make a place for it in your budget. This will ensure that your monthly home loan EMI payments do not disturb your finances .

Moreover, it also lets you compare different home loan options. You can use this tool to compare several offerings by simply adding their respective interest rates, home loan amounts, and tenures.

That way, you will be able to zero in on the most pocket-friendly home loan option for you.

The home loan calculator by Bajaj Housing Finance can help you determine your monthly EMI outflow. You can chalk out the repayment plan easily if you know what amount of money you need to set aside every month.

Partial repayment will help you save up on the interest you would have otherwise paid the lender over time. Additionally, if you partially prepay your home loan, you will get to reduce your repayment tenure. Instead of that, you can also get your monthly EMI outflow reduced.

Yes, you can reduce your home loan EMI by prepaying a part of your loan. You can also reduce it by paying higher EMIs during the initial few months of the loan tenure.

Bajaj Housing Finance levies no foreclosure or part pre-payment charges from individual borrowers on floating-rate loans.

You can use either a mathematical formula or a spreadsheet function to calculate your EMI for a Bajaj Housing Finance home loan.

However, the Bajaj Housing Finance Home Loan EMI Calculator is the best way to calculate it. Unlike the other two available methods, it simplifies this process, and you can get your EMI outflow within seconds.