EMI: ₹96,502/month at 10%. Min income: ₹1,75,459/month.
A ₹1 Crore home loan from Muthoot Finance at 10% interest for 20 years will cost you ₹96,502 per month as EMI. You will pay a total interest of ₹1,31,60,480 over the loan tenure. The minimum monthly income needed is ₹1,75,459 (assuming no existing EMIs).
Muthoot Finance Home Loan EMI for ₹1 Crore at 10% for 20 years is ₹96,502 per month.
You need a minimum monthly income of ₹1,75,459 for a ₹1 Crore home loan from Muthoot Finance (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹1 Crore home loan from Muthoot Finance at 10% for 20 years is ₹1,31,60,480.
Muthoot Finance charges a processing fee of 1% + GST for Home Loan.
Muthoot Finance Home Loan prepayment policy: Nil for floating rate.