EMI: ₹61,860/month at 8.75%. Min income: ₹1,23,720/month.
A ₹70 Lakh home loan from Axis Bank at 8.75% interest for 20 years will cost you ₹61,860 per month as EMI. You will pay a total interest of ₹78,46,400 over the loan tenure. The minimum monthly income needed is ₹1,23,720 (assuming no existing EMIs).
Axis Bank Home Loan EMI for ₹70 Lakh at 8.75% for 20 years is ₹61,860 per month.
You need a minimum monthly income of ₹1,23,720 for a ₹70 Lakh home loan from Axis Bank (at 8.75% rate, assuming no existing EMIs).
The total interest payable on ₹70 Lakh home loan from Axis Bank at 8.75% for 20 years is ₹78,46,400.
Axis Bank charges a processing fee of Up to 1% of loan amount for Home Loan.
Axis Bank Home Loan prepayment policy: Nil for floating rate.