EMI: ₹52,640/month at 8.65%. Min income: ₹95,710/month.
A ₹60 Lakh home loan from L&T Finance at 8.65% interest for 20 years will cost you ₹52,640 per month as EMI. You will pay a total interest of ₹66,33,600 over the loan tenure. The minimum monthly income needed is ₹95,710 (assuming no existing EMIs).
L&T Finance Home Loan EMI for ₹60 Lakh at 8.65% for 20 years is ₹52,640 per month.
You need a minimum monthly income of ₹95,710 for a ₹60 Lakh home loan from L&T Finance (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹60 Lakh home loan from L&T Finance at 8.65% for 20 years is ₹66,33,600.
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.