Here's how you can bring down your home loan EMI

Hero Housing Finance Ltd31 May, 2023Finance

Home loan EMI (Equated Monthly Installment) is a fixed monthly payment made by borrowers to repay their home loan. It consists of both principal and interest components, calculated based on the loan amount, interest rate, and loan tenure. EMI payments continue until the entire loan amount is repaid, allowing borrowers to gradually own their homes over time.

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