🏠 Home Loan EMI Calculator
Calculate your monthly payments with precision and plan your dream home purchase
₹
%
Years
₹41,822
Monthly EMI
₹1,00,37,386
Total Amount
₹50,37,386
Total Interest
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- What is the EMI for a 20 lakh home?
The EMI for a ₹20 lakh home loan depends on the interest rate and tenure. For example, at 8.5% interest over 20 years, the EMI would be approximately ₹17,356 per month. - How much home loan can I get if my salary is 50000?
Banks typically offer loans where EMI is up to 40–50% of your monthly salary. With a ₹50,000 salary, you may get a loan up to ₹20–25 lakh, depending on your credit score and existing liabilities. - How much salary is required for a 40 lakh home loan?
To qualify for a ₹40 lakh home loan, you should ideally earn ₹80,000 to ₹1,00,000 per month, assuming 40–50% of income is allocated for EMI. - Can I get a 90% home loan?
Yes, banks and NBFCs may offer up to 90% loan-to-value (LTV) for properties under ₹30 lakh. For higher-value properties, the LTV reduces (typically 75–80%). - What is 40 lakh monthly EMI?
At 8.5% interest for 20 years, the EMI for ₹40 lakh would be around ₹34,712 per month. - How much EMI for 15 lakhs?
At 8.5% interest for 20 years, the EMI for ₹15 lakh is approximately ₹13,017 per month. - Can I get 1 crore home loan?
Yes, if your income and credit profile qualify. You’ll generally need a monthly income of ₹2,00,000 or more to be eligible, assuming other debts are minimal. - What is the EMI for 25 lakhs home loan for 20 years?
At 8.5% interest, the EMI would be around ₹21,695 per month for 20 years. - Can I get a home loan without a job?
It’s difficult, but possible. Lenders may consider other income sources like rent, business income, or a co-applicant with stable income. Documentation and credit history become more important. - How is EMI calculated for home loan?
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1],
where:
- P = Principal loan amount
- R = Monthly interest rate (Annual rate / 12 / 100)
- N = Number of monthly installments
- What is 2 percent of 40 lakhs?
2% of ₹40,00,000 is ₹80,000. - What is the interest of 40 lakh in SBI per month?
Assuming an 8.5% annual rate, monthly interest = ₹40,00,000 × (8.5/100)/12 ≈ ₹28,333.
Actual EMI will include both interest + principal. - Which bank gives 100% home loans?
Most banks do not offer 100% home loans. RBI regulations limit loans to 75–90% of property value. However, some NBFCs may offer higher funding through combined loan products. - Who is eligible for HDFC car loan?
Eligibility includes:- Salaried or self-employed individuals
- Age between 21–65 years
- Stable income with required documentation
- Minimum annual income: ₹2.5–3 lakh (varies by location)
- What is the best age for home loan?
Ideal age: 25–40 years. This ensures:- Longer tenure eligibility
- Lower EMI burden
- Easier loan approval due to stable income phase
- What is the charge of HDFC home loan?
Typical charges include:- Processing fee: 0.5% to 1.5% of the loan
- Legal & technical charges
- Prepayment or foreclosure charges (only for fixed-rate loans)
- Can I pay a home loan early?
Yes, most banks allow early repayment. Floating-rate loans have zero prepayment penalty. Fixed-rate loans may have small charges. - What is the EMI for 40 lakhs home loan in SBI?
At 8.5% for 20 years, EMI = ₹34,712/month (approx). Use SBI’s EMI calculator for exact values. - Can I get home loan with 30k salary?
Yes, but the eligible amount will be limited. You may qualify for ₹12–15 lakh depending on other obligations and tenure. - Who is eligible for LIC home loan?
LIC HFL eligibility includes:- Indian resident or NRI
- Age: 21–65 years
- Stable income with proof
- Good credit history