EMI: ₹88,371/month at 8.75%. Min income: ₹1,76,742/month.
A ₹1 Crore home loan from HDFC Bank at 8.75% interest for 20 years will cost you ₹88,371 per month as EMI. You will pay a total interest of ₹1,12,09,040 over the loan tenure. The minimum monthly income needed is ₹1,76,742 (assuming no existing EMIs).
HDFC Bank Home Loan EMI for ₹1 Crore at 8.75% for 20 years is ₹88,371 per month.
You need a minimum monthly income of ₹1,76,742 for a ₹1 Crore home loan from HDFC Bank (at 8.75% rate, assuming no existing EMIs).
The total interest payable on ₹1 Crore home loan from HDFC Bank at 8.75% for 20 years is ₹1,12,09,040.
HDFC Bank charges a processing fee of 0.50% of loan amount (max ₹10,000) for Home Loan.
HDFC Bank Home Loan prepayment policy: Nil for floating rate loans.