EMI: ₹1,33,036/month at 8.8%. Min income: ₹2,66,072/month.
A ₹1.5 Crore home loan from Karur Vysya Bank at 8.8% interest for 20 years will cost you ₹1,33,036 per month as EMI. You will pay a total interest of ₹1,69,28,640 over the loan tenure. The minimum monthly income needed is ₹2,66,072 (assuming no existing EMIs).
Karur Vysya Bank Home Loan EMI for ₹1.5 Crore at 8.8% for 20 years is ₹1,33,036 per month.
You need a minimum monthly income of ₹2,66,072 for a ₹1.5 Crore home loan from Karur Vysya Bank (at 8.8% rate, assuming no existing EMIs).
The total interest payable on ₹1.5 Crore home loan from Karur Vysya Bank at 8.8% for 20 years is ₹1,69,28,640.
Karur Vysya Bank charges a processing fee of 0.50% of loan amount + GST for Home Loan.
Karur Vysya Bank Home Loan prepayment policy: Nil for floating rate.