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IDFC First Bank Home Loan for ₹20 Lakh

EMI: ₹17,674/month at 8.75%. Min income: ₹35,348/month.

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Your Details
Income Details
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Loan Parameters
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
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Total Payment
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Monthly Income
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Existing EMIs
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New Loan EMI
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Remaining Income
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IDFC First Bank Home Loan for ₹20 Lakh - Key Details

Interest Rate
8.75% p.a.
Monthly EMI
₹17,674
Total Interest
₹22,41,760
Total Payment
₹42,41,760
Min Income Required
₹35,348/mo
Processing Fee
Up to 3% of loan amount

A ₹20 Lakh home loan from IDFC First Bank at 8.75% interest for 20 years will cost you ₹17,674 per month as EMI. You will pay a total interest of ₹22,41,760 over the loan tenure. The minimum monthly income needed is ₹35,348 (assuming no existing EMIs).

Frequently Asked Questions

What is IDFC First Bank home loan EMI for ₹20 Lakh?

IDFC First Bank Home Loan EMI for ₹20 Lakh at 8.75% for 20 years is ₹17,674 per month.

What income do I need for ₹20 Lakh home loan from IDFC First Bank?

You need a minimum monthly income of ₹35,348 for a ₹20 Lakh home loan from IDFC First Bank (at 8.75% rate, assuming no existing EMIs).

What is the total interest on ₹20 Lakh home loan from IDFC First Bank?

The total interest payable on ₹20 Lakh home loan from IDFC First Bank at 8.75% for 20 years is ₹22,41,760.

What is IDFC First Bank's processing fee for ₹20 Lakh home loan?

IDFC First Bank charges a processing fee of Up to 3% of loan amount for Home Loan.

Can I prepay my IDFC First Bank home loan?

IDFC First Bank Home Loan prepayment policy: Nil for floating rate.

₹20 Lakh Home Loan from Other Banks

SBIFrom 8.50 - 9.85%HDFC BankFrom 8.75 - 9.95%ICICI BankFrom 8.75 - 10.05%Axis BankFrom 8.75 - 13.30%Kotak Mahindra BankFrom 8.75 - 9.65%Bank of BarodaFrom 8.40 - 10.65%PNBFrom 8.45 - 10.25%Canara BankFrom 8.40 - 10.95%Union BankFrom 8.35 - 10.75%Indian BankFrom 8.40 - 10.40%

Other IDFC First Bank Home Loan Amounts

₹10 LakhEMI ₹8,837/mo₹15 LakhEMI ₹13,256/mo₹25 LakhEMI ₹22,093/mo₹30 LakhEMI ₹26,511/mo₹35 LakhEMI ₹30,930/mo₹40 LakhEMI ₹35,348/mo₹45 LakhEMI ₹39,767/mo₹50 LakhEMI ₹44,186/mo