EMI: ₹17,547/month at 8.65%. Min income: ₹31,904/month.
A ₹20 Lakh home loan from L&T Finance at 8.65% interest for 20 years will cost you ₹17,547 per month as EMI. You will pay a total interest of ₹22,11,280 over the loan tenure. The minimum monthly income needed is ₹31,904 (assuming no existing EMIs).
L&T Finance Home Loan EMI for ₹20 Lakh at 8.65% for 20 years is ₹17,547 per month.
You need a minimum monthly income of ₹31,904 for a ₹20 Lakh home loan from L&T Finance (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹20 Lakh home loan from L&T Finance at 8.65% for 20 years is ₹22,11,280.
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.