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Property Loan EMI Calculator by Deferred Payment
EMI
Deferred Payment
Reducing Balance
Interest First
Balloon Payment
Loan Amount
Loan Tenure
Year
Month
Rate of Interest
%
Deferred Period
Year
Month
Copy
Share
EMI
1623
Interest
75335
Principal
100000
Total
175335
75 K
10
Year
100,000
53 K
Year
Original
Reduced
𝒊
1623
will be
EMI
for
100000
(100 K)
Loan Amount
for
10
Year
Loan Tenure
at
11.00%
Rate of Interest
.
How to Reduce Interest/ Tenure?
Pay
0
1
2
3
4
5
Extra EMI every year.
𝒊
Increase EMI by
0
2
3
5
7
10
15
20
% every year.
𝒊
Pay Lump-Sum
0
(1 K)
(2 K)
(3 K)
(4 K)
(5 K)
(6 K)
(7 K)
(8 K)
(9 K)
(10 K)
in
0
2
3
4
5
year.
𝒊
Recalculate
Share
Loan
Tenure
Interest
Original
10 year
75335
Reduced
7 year
4 months
53656
Saved
2 year
8 months
21679
Loan Payment Schedule
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Original
Reduced
Deferred Period
Balloon Payment
28 K
21 K
14 K
7 K
0
-
-
-
-
-
2024
2029
2033
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Property Loan EMI by Deferred Payment
A Property Loan EMI by Deferred Payment allows borrowers to postpone all payments, including both principal and interest, for a specified period at the start of the loan. This deferral period provides financial relief during the early stages of the loan, often aligning with construction or moving timelines. After the deferral period ends, regular EMIs commence to repay the loan. This type of loan is suitable for individuals who anticipate an increase in income or liquidity in the future. Plan your property investments smartly with our Property Loan EMI Calculator by Deferred Payment. Break down your monthly payments, interest, and principal to manage your loan and secure your dream property.
Calculate Property Loan EMI by Deferred Payment
Enter loan details including loan amount, interest rate, tenure, choose months or years, and deferred period to calculate property loan EMI by deferred payment.
Click Calculate to view your initial loan breakdown and understand how to calculate property loan EMI options effectively.
Customize payment options with three inputs to help you calculate your property loan EMI accurately.
Select a number of extra EMIs per year.
Increase EMIs by a percentage.
Select lump sum payment in a specific year.
Adjust inputs as needed and click Recalculate to update your tenure and interest dynamically for your property loan EMI.
Deferred Payment EMI formula
To calculate Property Loan EMI, use the Deferred Payment EMI formula for precise results. This calculation helps you understand your repayment obligations clearly.
E
M
I
=
R
P
×
r
×
(
1
+
r
)
n
(
1
+
r
)
n
-
1
EMI
= Equated Monthly Installments
RP
= remaining loan amount after adding deferred interest.
r
= monthly interest rate.
n
= total number of monthly installments.
Eligibility Criteria for Property Loan EMI by Deferred Payment
Property Ownership:
Applicants must legally own or co-own the property being mortgaged as collateral for the loan.
Income Stability:
Borrowers must demonstrate a stable income source, such as salaried income, self-employment earnings, or rental income, to meet repayment obligations.
Creditworthiness:
A good credit history and score are crucial for loan approval, as lenders evaluate the ability to repay on time.
Loan-to-Value Ratio:
Lenders often set a maximum loan-to-value ratio, determining the percentage of the property's value that can be financed, ensuring sufficient collateral coverage for property loan EMI by deferred payment and property loan EMI.
Property Loan EMI Calculator by Deferred Payment FAQ
How does Deferred Payment EMI differ from a regular EMI?
Deferred payment EMI allows borrowers to postpone all payments for a specified period at the start of the loan. In a regular EMI, payments start immediately with both principal and interest being repaid from the beginning of the loan term.
What are the advantages of a Property Loan by Deferred Payment EMI?
Property loan by deferred payment EMI offers flexibility during construction or early property ownership, letting borrowers manage cash flow and allocate funds to other needs. Postponing part of the EMI payments helps them focus on completing the property without immediate repayment pressure.
What are the disadvantages of a Property Loan EMI by Deferred Payment?
Property loan EMI by deferred payment provides short-term relief but results in higher overall interest, as deferred interest is added to the principal. Postponing payments may also extend the loan tenure, leading to a longer repayment period and higher total interest costs.
×
How extra EMI(s) help?
At the end of the year, you can pay extra EMIs out of your savings. This extra EMI payment will go towards your Loan Amount and save you on the interest as well as tenure of the loan.
Payment
Tenure
Interest
Current
10 year
75335
1 Extra EMI/ year
9 year
▶ 1 year
66329
▶ 9006
2 Extra EMI/ year
9 year
▶ 1 year
59394
▶ 15941
3 Extra EMI/ year
8 year
▶ 2 year
54023
▶ 21312
How increasing EMI helps?
As your income increases each year, you can get your EMI increased from the bank. This allows you to allocate more funds towards paying off the loan amount and save you on the interest as well as tenure of the loan.
Payment
Tenure
Interest
Current
10 year
75335
Increase EMI by 1%
10 year
▶ 0 year
72245
▶ 3090
Increase EMI by 3%
9 year
▶ 1 year
67138
▶ 8197
Increase EMI by 5%
9 year
▶ 1 year
63133
▶ 12202
How Paying Lumpsum Amount helps?
If you receive unexpected income, such as a bonus or tax refund, consider making a lump-sum payment on your loan. This can help reduce the outstanding loan amount and save you on the interest as well as tenure of the loan.
Payment
Tenure
Interest
Current
10 year
75335
Pay 10% in 2nd year
9 year
▶ 1 year
61390
▶ 13945
Pay 20% in 3rd year
9 year
▶ 1 year
54286
▶ 21049
Pay 30% in 4th year
8 year
▶ 2 year
51977
▶ 23358
How to Reduce Interest/ Tenure?
Making early payments towards Principal amount can reduce your Interest and/ or Tenure.
1. How extra EMI(s) help?
At the end of the year, you can pay extra EMIs out of your savings. This extra EMI payment will go towards your Loan Amount and save you on the interest as well as tenure of the loan.
2. How increasing EMI helps?
As your income increases each year, you can get your EMI increased from the bank. This allows you to allocate more funds towards paying off the loan amount and save you on the interest as well as tenure of the loan.
3. How Paying Lumpsum Amount helps?
If you receive unexpected income, such as a bonus or tax refund, consider making a lump-sum payment on your loan. This can help reduce the outstanding loan amount and save you on the interest as well as tenure of the loan.
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