EMI: ₹1,86,426/month at 9.5%. Min income: ₹3,38,957/month.
A ₹2 Crore home loan from Mahindra Finance at 9.5% interest for 20 years will cost you ₹1,86,426 per month as EMI. You will pay a total interest of ₹2,47,42,240 over the loan tenure. The minimum monthly income needed is ₹3,38,957 (assuming no existing EMIs).
Mahindra Finance Home Loan EMI for ₹2 Crore at 9.5% for 20 years is ₹1,86,426 per month.
You need a minimum monthly income of ₹3,38,957 for a ₹2 Crore home loan from Mahindra Finance (at 9.5% rate, assuming no existing EMIs).
The total interest payable on ₹2 Crore home loan from Mahindra Finance at 9.5% for 20 years is ₹2,47,42,240.
Mahindra Finance charges a processing fee of 1% + GST for Home Loan.
Mahindra Finance Home Loan prepayment policy: 3% for first 3 years, nil after.