EMI: ₹12,875/month at 8.35%. Min income: ₹24,760/month.
A ₹15 Lakh home loan from Union Bank at 8.35% interest for 20 years will cost you ₹12,875 per month as EMI. You will pay a total interest of ₹15,90,000 over the loan tenure. The minimum monthly income needed is ₹24,760 (assuming no existing EMIs).
Union Bank Home Loan EMI for ₹15 Lakh at 8.35% for 20 years is ₹12,875 per month.
You need a minimum monthly income of ₹24,760 for a ₹15 Lakh home loan from Union Bank (at 8.35% rate, assuming no existing EMIs).
The total interest payable on ₹15 Lakh home loan from Union Bank at 8.35% for 20 years is ₹15,90,000.
Union Bank charges a processing fee of 0.50% of loan amount + GST (max ₹15,000) for Home Loan.
Union Bank Home Loan prepayment policy: Nil for floating rate.