New Delhi, June 24 -- A home loan EMI calculator is a free online tool that computes your equated monthly instalment based on three inputs: loan amount, interest rate, and tenure. You can run multiple scenarios in seconds and find a repayment structure that works for your income without committing to anything.

Bajaj Finance offers home loans up to Rs. 15 crore*, with interest rates starting at 7.25%* p.a. for salaried applicants and tenures up to 32 years. At 7.25%* p.a., the EMI works out to approximately Rs. 671 per lakh* borrowed. Use a home loan EMI calculator to match the numbers to your specific situation before you apply.

Using a home loan EMI calculator you can run different scenarios before settling on the EMI that works for yo...