Home loan calculation

Expat issues, Foreigners working in India, Dual Taxation, double taxation, claiming tax credits for tax paid in another country, taxes of other countries, Dual taxation, DTAA, Double taxation avoidance agreement, tax saving schemes, tax planning, tax return filing and so on
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melroym
Posts: 1
Joined: Thu Sep 30, 2010 7:36 pm

Home loan calculation

Post by melroym »

taken a loan for 20 lacs for a period of 20 years @ 9.75%.1st instalment frm feb 2007.the interest rate changed to 8.5% in apr 2010.In aug 2010 i prepaid an amount of 5 lacs.i hav kept my EMI constant at 18,971 all througout.
pls tell me hw soon will my loan end under the existing circumstances?

thnx
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Desi
Posts: 11421
Joined: Tue Dec 19, 2006 9:12 pm

Home loan calculation

Post by Desi »

Your last payment will be December 2018.
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