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Suppose you have taken a home loan of INR 50,00,000 at an interest ... Based on these inputs, the home loan EMI calculator will use a specific formula to calculate the EMI and provide you with ...
The formula that can be used for savings and investment is 70:15:15. As per the formula, you keep 70 per cent of your earnings to meet your needs, create an emergency fund with 15 per cent ...