EMI: ₹1,32,557/month at 8.75%. Min income: ₹2,41,013/month.
A ₹1.5 Crore home loan from HDFC Ltd at 8.75% interest for 20 years will cost you ₹1,32,557 per month as EMI. You will pay a total interest of ₹1,68,13,680 over the loan tenure. The minimum monthly income needed is ₹2,41,013 (assuming no existing EMIs).
HDFC Ltd Home Loan EMI for ₹1.5 Crore at 8.75% for 20 years is ₹1,32,557 per month.
You need a minimum monthly income of ₹2,41,013 for a ₹1.5 Crore home loan from HDFC Ltd (at 8.75% rate, assuming no existing EMIs).
The total interest payable on ₹1.5 Crore home loan from HDFC Ltd at 8.75% for 20 years is ₹1,68,13,680.
HDFC Ltd charges a processing fee of 0.50% of loan amount or ₹3,000 whichever is higher for Home Loan.
HDFC Ltd Home Loan prepayment policy: Nil for floating rate.