EMI: ₹2,58,795/month at 9.5%. Min income: ₹4,70,537/month.
A ₹2 Crore loan against property from HDFC Ltd at 9.5% interest for 10 years will cost you ₹2,58,795 per month as EMI. You will pay a total interest of ₹1,10,55,400 over the loan tenure. The minimum monthly income needed is ₹4,70,537 (assuming no existing EMIs).
HDFC Ltd Loan Against Property EMI for ₹2 Crore at 9.5% for 10 years is ₹2,58,795 per month.
You need a minimum monthly income of ₹4,70,537 for a ₹2 Crore loan against property from HDFC Ltd (at 9.5% rate, assuming no existing EMIs).
The total interest payable on ₹2 Crore loan against property from HDFC Ltd at 9.5% for 10 years is ₹1,10,55,400.
HDFC Ltd charges a processing fee of 1.50% of loan amount + GST for Loan Against Property.
HDFC Ltd Loan Against Property prepayment policy: 2% for fixed, nil for floating.