EMI: ₹61,414/month at 8.65%. Min income: ₹1,11,662/month.
A ₹70 Lakh home loan from L&T Finance at 8.65% interest for 20 years will cost you ₹61,414 per month as EMI. You will pay a total interest of ₹77,39,360 over the loan tenure. The minimum monthly income needed is ₹1,11,662 (assuming no existing EMIs).
L&T Finance Home Loan EMI for ₹70 Lakh at 8.65% for 20 years is ₹61,414 per month.
You need a minimum monthly income of ₹1,11,662 for a ₹70 Lakh home loan from L&T Finance (at 8.65% rate, assuming no existing EMIs).
The total interest payable on ₹70 Lakh home loan from L&T Finance at 8.65% for 20 years is ₹77,39,360.
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.