EMI: ₹30,707/month at 8.65%. Min income: ₹55,831/month.
A ₹35 Lakh home loan from L&T Finance at 8.65% interest for 20 years will cost you ₹30,707 per month as EMI. You will pay a total interest of ₹38,69,680 over the loan tenure. The minimum monthly income needed is ₹55,831 (assuming no existing EMIs).
L&T Finance Home Loan EMI for ₹35 Lakh at 8.65% for 20 years is ₹30,707 per month.
You need a minimum monthly income of ₹55,831 for a ₹35 Lakh home loan from L&T Finance (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹35 Lakh home loan from L&T Finance at 8.65% for 20 years is ₹38,69,680.
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.