EMI: ₹70,697/month at 8.75%. Min income: ₹1,28,540/month.
A ₹80 Lakh home loan from HDFC Ltd at 8.75% interest for 20 years will cost you ₹70,697 per month as EMI. You will pay a total interest of ₹89,67,280 over the loan tenure. The minimum monthly income needed is ₹1,28,540 (assuming no existing EMIs).
HDFC Ltd Home Loan EMI for ₹80 Lakh at 8.75% for 20 years is ₹70,697 per month.
You need a minimum monthly income of ₹1,28,540 for a ₹80 Lakh home loan from HDFC Ltd (at 8.75% rate, assuming no existing EMIs).
The total interest payable on ₹80 Lakh home loan from HDFC Ltd at 8.75% for 20 years is ₹89,67,280.
HDFC Ltd charges a processing fee of 0.50% of loan amount or ₹3,000 whichever is higher for Home Loan.
HDFC Ltd Home Loan prepayment policy: Nil for floating rate.