EMI: ₹26,320/month at 8.65%. Min income: ₹47,855/month.
A ₹30 Lakh home loan from L&T Finance at 8.65% interest for 20 years will cost you ₹26,320 per month as EMI. You will pay a total interest of ₹33,16,800 over the loan tenure. The minimum monthly income needed is ₹47,855 (assuming no existing EMIs).
L&T Finance Home Loan EMI for ₹30 Lakh at 8.65% for 20 years is ₹26,320 per month.
You need a minimum monthly income of ₹47,855 for a ₹30 Lakh home loan from L&T Finance (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹30 Lakh home loan from L&T Finance at 8.65% for 20 years is ₹33,16,800.
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.