EMI: ₹28,951/month at 10%. Min income: ₹52,639/month.
A ₹30 Lakh home loan from Muthoot Finance at 10% interest for 20 years will cost you ₹28,951 per month as EMI. You will pay a total interest of ₹39,48,240 over the loan tenure. The minimum monthly income needed is ₹52,639 (assuming no existing EMIs).
Muthoot Finance Home Loan EMI for ₹30 Lakh at 10% for 20 years is ₹28,951 per month.
You need a minimum monthly income of ₹52,639 for a ₹30 Lakh home loan from Muthoot Finance (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹30 Lakh home loan from Muthoot Finance at 10% for 20 years is ₹39,48,240.
Muthoot Finance charges a processing fee of 1% + GST for Home Loan.
Muthoot Finance Home Loan prepayment policy: Nil for floating rate.