EMI: ₹78,104/month at 8.5%. Min income: ₹1,42,008/month.
A ₹90 Lakh home loan from LIC Housing at 8.5% interest for 20 years will cost you ₹78,104 per month as EMI. You will pay a total interest of ₹97,44,960 over the loan tenure. The minimum monthly income needed is ₹1,42,008 (assuming no existing EMIs).
LIC Housing Home Loan EMI for ₹90 Lakh at 8.5% for 20 years is ₹78,104 per month.
You need a minimum monthly income of ₹1,42,008 for a ₹90 Lakh home loan from LIC Housing (at 8.5% rate, assuming no existing EMIs).
The total interest payable on ₹90 Lakh home loan from LIC Housing at 8.5% for 20 years is ₹97,44,960.
LIC Housing charges a processing fee of 0.25% of loan amount + GST (max ₹15,000) for Home Loan.
LIC Housing Home Loan prepayment policy: Nil for floating rate.