EMI: ₹30,042/month at 8.35%. Min income: ₹57,774/month.
A ₹35 Lakh home loan from Union Bank at 8.35% interest for 20 years will cost you ₹30,042 per month as EMI. You will pay a total interest of ₹37,10,080 over the loan tenure. The minimum monthly income needed is ₹57,774 (assuming no existing EMIs).
Union Bank Home Loan EMI for ₹35 Lakh at 8.35% for 20 years is ₹30,042 per month.
You need a minimum monthly income of ₹57,774 for a ₹35 Lakh home loan from Union Bank (at 8.35% rate, assuming no existing EMIs).
The total interest payable on ₹35 Lakh home loan from Union Bank at 8.35% for 20 years is ₹37,10,080.
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.