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Calculators FAQs

Our calculators provide instant results, while our FAQs offer expert guidance. Get quick calculations and in-depth explanations to empower your financial future.

The EMI or Equated Monthly Instalment for a loan against property is calculated based on the loan amount, interest rate, and tenure of the loan using the formula.
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10X EBITDA refers to a company's earnings before interest, taxes, depreciation, and amortization (EBITDA) multiplied by 10. It is a valuation metric investors and analysts use the calculator to evaluate and compare companies, especially for acquisition purposes.
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EMI to salary ratio refers to the percentage of your monthly EMI outgo relative to your monthly gross salary.
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Unlike fixed rate loans, floating rate loans have interest rates linked to an external benchmark such as the repo rate.
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Whether it is a home loan, personal loan, car loan or any other credit facility, the principle is the same - paying an extra EMI every year helps shorten the loan tenure and reduces your interest outgo.
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The 30% EMI rule is a guideline that suggests your total monthly loan payments should not exceed 30% of your gross monthly income.
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There are certain tax benefits that may be available on a loan against property.
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