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Union Bank Home Loan for ₹60 Lakh

EMI: ₹51,501/month at 8.35%. Min income: ₹99,041/month.

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Your Details
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
₹ 0
Existing EMIs
₹ 0
0%
New Loan EMI
₹ 0
0%
Remaining Income
₹ 0
0%

Union Bank Home Loan for ₹60 Lakh - Key Details

Interest Rate
8.35% p.a.
Monthly EMI
₹51,501
Total Interest
₹63,60,240
Total Payment
₹1,23,60,240
Min Income Required
₹99,041/mo
Processing Fee
0.50% of loan amount + GST (max ₹15,000)

A ₹60 Lakh home loan from Union Bank at 8.35% interest for 20 years will cost you ₹51,501 per month as EMI. You will pay a total interest of ₹63,60,240 over the loan tenure. The minimum monthly income needed is ₹99,041 (assuming no existing EMIs).

Frequently Asked Questions

What is Union Bank home loan EMI for ₹60 Lakh?

Union Bank Home Loan EMI for ₹60 Lakh at 8.35% for 20 years is ₹51,501 per month.

What income do I need for ₹60 Lakh home loan from Union Bank?

You need a minimum monthly income of ₹99,041 for a ₹60 Lakh home loan from Union Bank (at 8.35% rate, assuming no existing EMIs).

What is the total interest on ₹60 Lakh home loan from Union Bank?

The total interest payable on ₹60 Lakh home loan from Union Bank at 8.35% for 20 years is ₹63,60,240.

What is Union Bank's processing fee for ₹60 Lakh home loan?

Union Bank charges a processing fee of 0.50% of loan amount + GST (max ₹15,000) for Home Loan.

Can I prepay my Union Bank home loan?

Union Bank Home Loan prepayment policy: Nil for floating rate.