EMI: ₹40,480/month at 10.5%. Min income: ₹73,600/month.
A ₹30 Lakh loan against property from L&T Finance at 10.5% interest for 10 years will cost you ₹40,480 per month as EMI. You will pay a total interest of ₹18,57,600 over the loan tenure. The minimum monthly income needed is ₹73,600 (assuming no existing EMIs).
L&T Finance Loan Against Property EMI for ₹30 Lakh at 10.5% for 10 years is ₹40,480 per month.
You need a minimum monthly income of ₹73,600 for a ₹30 Lakh loan against property from L&T Finance (at 10.5% rate, assuming no existing EMIs).
The total interest payable on ₹30 Lakh loan against property from L&T Finance at 10.5% for 10 years is ₹18,57,600.
L&T Finance charges a processing fee of Up to 2% of loan amount + GST for Loan Against Property.
L&T Finance Loan Against Property prepayment policy: 4% for fixed, nil for floating.