EMI: ₹38,819/month at 9.5%. Min income: ₹70,580/month.
A ₹30 Lakh loan against property from HDFC Ltd at 9.5% interest for 10 years will cost you ₹38,819 per month as EMI. You will pay a total interest of ₹16,58,280 over the loan tenure. The minimum monthly income needed is ₹70,580 (assuming no existing EMIs).
HDFC Ltd Loan Against Property EMI for ₹30 Lakh at 9.5% for 10 years is ₹38,819 per month.
You need a minimum monthly income of ₹70,580 for a ₹30 Lakh loan against property from HDFC Ltd (at 9.5% rate, assuming no existing EMIs).
The total interest payable on ₹30 Lakh loan against property from HDFC Ltd at 9.5% for 10 years is ₹16,58,280.
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.