EMI: ₹13,160/month at 8.65%. Min income: ₹23,928/month.
A ₹15 Lakh home loan from L&T Finance at 8.65% interest for 20 years will cost you ₹13,160 per month as EMI. You will pay a total interest of ₹16,58,400 over the loan tenure. The minimum monthly income needed is ₹23,928 (assuming no existing EMIs).
L&T Finance Home Loan EMI for ₹15 Lakh at 8.65% for 20 years is ₹13,160 per month.
You need a minimum monthly income of ₹23,928 for a ₹15 Lakh home loan from L&T Finance (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹15 Lakh home loan from L&T Finance at 8.65% for 20 years is ₹16,58,400.
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.