Home loan calculation
Posted: Thu Sep 30, 2010 7:44 pm
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
pls tell me hw soon will my loan end under the existing circumstances?
thnx