Housing Loan Calculator
Compare private-bank reducing EMI with state-bank equal-capital installments — and budget the real upfront cost.
Vehicle lease installments and loan EMI — flat vs reducing rate comparison.
Fixed deposit returns with WHT — monthly payout or at-maturity.
Foreign currency to LKR with your bank's own rate — no live feed, no surprises.
Questions
State banks like BOC and People's Bank split the principal into equal chunks and add interest on the declining balance. Your first payments are the largest and they shrink every month — total interest is usually a little less than a flat EMI at the same rate.
Banks don't finance valuation, legal fees, stamp duty on the mortgage bond and title insurance. Budgeting ~1.5% of the loan amount keeps the real cash you need in view before you sign.
They're close, but banks round installments and add fees (processing, early settlement). Treat this as your negotiation baseline, then confirm with the bank's own schedule.
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