EMI: ₹1,71,671/month at 8.35%. Min income: ₹3,30,137/month.
A ₹2 Crore home loan from Union Bank at 8.35% interest for 20 years will cost you ₹1,71,671 per month as EMI. You will pay a total interest of ₹2,12,01,040 over the loan tenure. The minimum monthly income needed is ₹3,30,137 (assuming no existing EMIs).
Union Bank Home Loan EMI for ₹2 Crore at 8.35% for 20 years is ₹1,71,671 per month.
You need a minimum monthly income of ₹3,30,137 for a ₹2 Crore home loan from Union Bank (at 8.35% rate, assuming no existing EMIs).
The total interest payable on ₹2 Crore home loan from Union Bank at 8.35% for 20 years is ₹2,12,01,040.
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.