ilmscore | Prediction Details
"assuming that the rate of interest on home loan is 7.5 percent, you will be paying 96 so you will be repaying 96.67 lakhs and I am sure it might be like what for a 50 lakhs loan you are going to repay 96.67 lakhs from, from where did I get this calculation? It is a simple Excel calculation you have to use the EMI formula"
By CA Rachana Phadke Ranade | September 28, 2022 | Pending
From video
Investing vs Loan Repayment | 2022 | CA Rachana Ranade 00:14:14 - 00:14:58
Interpreted Prediction
With a 50 lakh rupee home loan at 7.5% interest over 20 years, the total repayment would be approximately 96.67 lakhs, with 46.67 lakhs being interest.

Prediction Details

Topic
Home Loan Interest Rates

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