EMI: ₹8,773/month at 8.65%. Min income: ₹15,951/month.
A ₹10 Lakh home loan from L&T Finance at 8.65% interest for 20 years will cost you ₹8,773 per month as EMI. You will pay a total interest of ₹11,05,520 over the loan tenure. The minimum monthly income needed is ₹15,951 (assuming no existing EMIs).
L&T Finance Home Loan EMI for ₹10 Lakh at 8.65% for 20 years is ₹8,773 per month.
You need a minimum monthly income of ₹15,951 for a ₹10 Lakh home loan from L&T Finance (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹10 Lakh home loan from L&T Finance at 8.65% for 20 years is ₹11,05,520.
L&T Finance charges a processing fee of Up to 2% of loan amount + GST for Home Loan.
L&T Finance Home Loan prepayment policy: 4% for fixed, nil for floating.