EMI is the monthly installment you pay. APR reflects the total annual cost of borrowing,
including interest and fees. APR gives a more realistic picture of your loan’s cost.
Yes, especially if you’re comparing multiple offers. A lower APR often means a cheaper
loan in the long run, even if the EMI looks the same.
Yes, APR includes most upfront and recurring charges like processing fees, insurance,
and administrative costs.
In fixed-rate loans, yes. But if you have a floating rate loan, EMI can change based on
interest rate movements.
The calculators provide a close estimate. However, the actual terms will depend on your
loan agreement with Supreme Housing Finance Limited.
