EMI: ₹51,501/month at 8.35%. Min income: ₹99,041/month.
A ₹60 Lakh home loan from Union Bank at 8.35% interest for 20 years will cost you ₹51,501 per month as EMI. You will pay a total interest of ₹63,60,240 over the loan tenure. The minimum monthly income needed is ₹99,041 (assuming no existing EMIs).
Union Bank Home Loan EMI for ₹60 Lakh at 8.35% for 20 years is ₹51,501 per month.
You need a minimum monthly income of ₹99,041 for a ₹60 Lakh home loan from Union Bank (at 8.35% rate, assuming no existing EMIs).
The total interest payable on ₹60 Lakh home loan from Union Bank at 8.35% for 20 years is ₹63,60,240.
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.