EMI: ₹1,31,601/month at 8.65%. Min income: ₹2,39,275/month.
A ₹1.5 Crore home loan from L&T Finance at 8.65% interest for 20 years will cost you ₹1,31,601 per month as EMI. You will pay a total interest of ₹1,65,84,240 over the loan tenure. The minimum monthly income needed is ₹2,39,275 (assuming no existing EMIs).
L&T Finance Home Loan EMI for ₹1.5 Crore at 8.65% for 20 years is ₹1,31,601 per month.
You need a minimum monthly income of ₹2,39,275 for a ₹1.5 Crore home loan from L&T Finance (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹1.5 Crore home loan from L&T Finance at 8.65% for 20 years is ₹1,65,84,240.
L&T Finance charges a processing fee of Up to 2% of loan amount + GST for Home Loan.
L&T Finance Home Loan prepayment policy: 4% for fixed, nil for floating.