EMI: ₹85,835/month at 8.35%. Min income: ₹1,65,068/month.
A ₹1 Crore home loan from Union Bank at 8.35% interest for 20 years will cost you ₹85,835 per month as EMI. You will pay a total interest of ₹1,06,00,400 over the loan tenure. The minimum monthly income needed is ₹1,65,068 (assuming no existing EMIs).
Union Bank Home Loan EMI for ₹1 Crore at 8.35% for 20 years is ₹85,835 per month.
You need a minimum monthly income of ₹1,65,068 for a ₹1 Crore home loan from Union Bank (at 8.35% rate, assuming no existing EMIs).
The total interest payable on ₹1 Crore home loan from Union Bank at 8.35% for 20 years is ₹1,06,00,400.
Union Bank charges a processing fee of 0.50% of loan amount + GST (max ₹15,000) for Home Loan.
Union Bank Home Loan prepayment policy: Nil for floating rate.