Month | EMI | Principal | Interest | Balance |
---|---|---|---|---|
0 | ₹0 | ₹0 | ₹0 | ₹1,00,000 |
1 | ₹9,168 | ₹7,668 | ₹1,500 | ₹92,332 |
2 | ₹9,168 | ₹7,783 | ₹1,385 | ₹84,549 |
3 | ₹9,168 | ₹7,900 | ₹1,268 | ₹76,649 |
4 | ₹9,168 | ₹8,018 | ₹1,150 | ₹68,631 |
5 | ₹9,168 | ₹8,139 | ₹1,029 | ₹60,492 |
6 | ₹9,168 | ₹8,261 | ₹907 | ₹52,232 |
7 | ₹9,168 | ₹8,385 | ₹783 | ₹43,847 |
8 | ₹9,168 | ₹8,510 | ₹658 | ₹35,337 |
9 | ₹9,168 | ₹8,638 | ₹530 | ₹26,699 |
10 | ₹9,168 | ₹8,768 | ₹400 | ₹17,932 |
11 | ₹9,168 | ₹8,899 | ₹269 | ₹9,033 |
12 | ₹9,168 | ₹9,033 | ₹135 | ₹0 |
Whether you’ve lived in your home for years or just moved in, renovations and upgrades are inevitable. From minor repairs to major overhauls, the costs can be substantial—often exceeding what’s readily available in your savings.
That’s where a home renovation loan comes in handy. Personal loans tailored for home improvements offer a practical way to finance these projects without straining your finances. But before taking the plunge, it’s essential to evaluate the overall cost and plan your repayment strategy.
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Fi is a money management platform that re-imagines the banking experience in India. The Federal Bank Account offered through our App, is a digital bank account that gives you the fastest way to open a bank account online.
You can do everything from the Fi App, including p2p payments, fund transfers, bill payments, and more, with features to automate every action. You also get a Debit Card, spends insights and tools to grow your investment and earn rewards.