EMI: ₹70,187/month at 8.65%. Min income: ₹1,27,613/month.
A ₹80 Lakh home loan from L&T Finance at 8.65% interest for 20 years will cost you ₹70,187 per month as EMI. You will pay a total interest of ₹88,44,880 over the loan tenure. The minimum monthly income needed is ₹1,27,613 (assuming no existing EMIs).
L&T Finance Home Loan EMI for ₹80 Lakh at 8.65% for 20 years is ₹70,187 per month.
You need a minimum monthly income of ₹1,27,613 for a ₹80 Lakh home loan from L&T Finance (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹80 Lakh home loan from L&T Finance at 8.65% for 20 years is ₹88,44,880.
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.