EMI: ₹1,32,557/month at 8.75%. Min income: ₹2,65,114/month.
A ₹1.5 Crore home loan from IDFC First Bank 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 ₹2,65,114 (assuming no existing EMIs).
IDFC First Bank 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 ₹2,65,114 for a ₹1.5 Crore home loan from IDFC First Bank (at 8.75% rate, assuming no existing EMIs).
The total interest payable on ₹1.5 Crore home loan from IDFC First Bank at 8.75% for 20 years is ₹1,68,13,680.
IDFC First Bank charges a processing fee of Up to 3% of loan amount for Home Loan.
IDFC First Bank Home Loan prepayment policy: Nil for floating rate.