EMI: ₹60,085/month at 8.35%. Min income: ₹1,15,549/month.
A ₹70 Lakh home loan from Union Bank at 8.35% interest for 20 years will cost you ₹60,085 per month as EMI. You will pay a total interest of ₹74,20,400 over the loan tenure. The minimum monthly income needed is ₹1,15,549 (assuming no existing EMIs).
Union Bank Home Loan EMI for ₹70 Lakh at 8.35% for 20 years is ₹60,085 per month.
You need a minimum monthly income of ₹1,15,549 for a ₹70 Lakh home loan from Union Bank (at 8.35% rate, assuming no existing EMIs).
The total interest payable on ₹70 Lakh home loan from Union Bank at 8.35% for 20 years is ₹74,20,400.
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.