I have a query regarding the SBI Max gain Housing loan.
Book balance= -8,21,730
Available balance= 13,12,119
uncleared balance = 0
Drawing power= 21,33,849
rate of interest= 9.2%
Lien amount =0
I initially applied for housing loan of 22 lac. on December 2013 After the construction has began, i required only 14 lacs. hence i have given a written request to the manager stating that i need only 14 lacs and not 22 lacs. But the loan was sanctioned already for the amount of 22 lacs. and my EMI was fixed for 19000 rs for 25 years. and the interest rate at the time of sanctioning was 10.4%.
Now the present rate of interest is 9.2%. and i am paying an EMI of 21100 every month.
My question is
what will be my principal amount which i have to repay in due course of time?
what will be the tenure for my home loan, if i am paying an EMI of 21100 every month?
can u provide me an amortization schedule.
Thanks and regards