EMI: ₹14,475/month at 10%. Min income: ₹26,319/month.
A ₹15 Lakh home loan from Muthoot Finance at 10% interest for 20 years will cost you ₹14,475 per month as EMI. You will pay a total interest of ₹19,74,000 over the loan tenure. The minimum monthly income needed is ₹26,319 (assuming no existing EMIs).
Muthoot Finance Home Loan EMI for ₹15 Lakh at 10% for 20 years is ₹14,475 per month.
You need a minimum monthly income of ₹26,319 for a ₹15 Lakh home loan from Muthoot Finance (at 10% rate, assuming no existing EMIs).
The total interest payable on ₹15 Lakh home loan from Muthoot Finance at 10% for 20 years is ₹19,74,000.
Muthoot Finance charges a processing fee of 1% + GST for Home Loan.
Muthoot Finance Home Loan prepayment policy: Nil for floating rate.