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  2. Equated monthly installment - Wikipedia

    en.wikipedia.org/wiki/Equated_Monthly_Installment

    An equated monthly installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month, so that over a specified number of years, the loan is fully paid off along with interest. [ 1] As with most common types ...

  3. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    4%. Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [ 2]

  4. State Bank of India - Wikipedia

    en.wikipedia.org/wiki/State_Bank_of_India

    State Bank of India. State Bank of India ( SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank ...

  5. Housing Development Finance Corporation - Wikipedia

    en.wikipedia.org/wiki/Housing_Development...

    The company provides housing finance to individuals and corporates for purchase/construction of residential houses. [14] [18] The type of loans offered by company include loans for purchase and construction of a residential units, purchase of land, home improvement loans, home extension loans, non-residential premise loans for professionals and loan against property and repayment options ...

  6. Amortization schedule - Wikipedia

    en.wikipedia.org/wiki/Amortization_schedule

    An amortization schedule is a table detailing each periodic payment on an amortizing loan (typically a mortgage ), as generated by an amortization calculator. [ 1] Amortization refers to the process of paying off a debt (often from a loan or mortgage) over time through regular payments. [ 2] A portion of each payment is for interest while the ...

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