What Is The EMI For 50 Lakhs Home Loan?

by | Last updated on January 24, 2024

, , , ,
Tenor of the Loan EMI Payment (Rs.) Total Interest Payable (Rs.) 10 years 66,075 29,29,079

What is the EMI for 40 lakhs home loan?

Loan Details Monthly Instalment 40 lakh home loan EMI for 30 years Rs. 35,103 40 lakh home loan EMI for 20 years Rs. 38,601 40 lakh home loan EMI for 15 years Rs. 42,984 40 lakh home loan EMI for 10 years Rs. 52,860

What will be the EMI for 50 lakhs?

Loan Repayment tenure EMI Payment (in ₹) Total Loan Value (in ₹) 10 years 66,075 79,29,079 15 years 53,730 96,71,511 20 years 48,251 1,15,80,296

What is the interest of 50 lakhs loan in SBI?

Bank Name SBI Interest rate 6.65% Loan Amount of ₹ 10 Lakh ₹ 6,420 Loan Amount of ₹ 30 Lakh ₹ 19,259 Loan Amount of ₹ 50 Lakh ₹ 32,098

What is the EMI for 70 lakhs?

Instalment Details Tenor of 10 Years Tenor of 20 Years EMI for 55 lakhs home loan Rs. 72,683 Rs. 53,076 EMI for 60 lakhs home loan Rs.79,290 Rs.57,901 EMI for 70 lakhs home loan Rs.92,506 Rs.67,552 EMI for 75 lakhs home loan Rs.99,113 Rs.72,377

How much loan I can get if my salary is 25000?

The take-home salary will determine the EMI amount you can afford and thus the total loan amount you can borrow. For instance, if your take-home salary is Rs. 25,000, you can avail as much as Rs.18.64 lakh as a loan to purchase a home worth Rs. 40 lakh (provided you have no existing financial obligations.)

How much loan I can get if my salary is 60000?

Salary Expected Personal Loan Amount Rs. 40,000 Rs. 10.80 lakhs Rs. 50,000 Rs. 13.50 lakhs Rs. 60,000 Rs. 16.20 lakhs

How much loan can I get if my salary is 1 lakh?

For example, if you earn Rs 1 lakh and have expenses of Rs 30,000 a month, then you can easily go for a loan with Rs 40,000 EMI . But for someone with the same Rs 1 lakh salary, but having Rs 75,000 in expenses, will find the Rs 40,000 EMI unaffordable.

How much loan can I get if my salary is 15000?

A: A salary of Rs. 15,000 generally falls in the category of a low-income borrower group. So, an instant personal loan app with a maximum approval amount of 1.5 Lakhs can be availed by the borrower with a starting salary of Rs. 15,000.

How much home loan can I get on 35000 salary?

Net Monthly Income (₹) Loan Amount (₹) ₹ 30,000 ₹ 17,09,806 ₹ 35,000 ₹ 20,46,586 ₹ 40,000 ₹ 23,83,366 ₹ 50,000 ₹ 30,56,926

What is the EMI for 20 lakhs home loan for 20 years?

Loan Amount Interest rate EMI Rs.20 lakh 6.75%* Rs.19,300

What is the EMI for 20 lakhs personal loan?

Loan Amount (Rs.) Interest Rate (p.a.) Monthly EMI Payout (Rs.) 20 lakh 12.00% 1,77,698 20 lakh 13.00% 1,78,635 20 lakh 15.00% 1,80,517 20 lakh 20.00% 1,85,269

What is the EMI for 20 lakhs home loan for 5 years?

Tenure Options EMI Per Month 5 Years Rs. 39, 414 10 Years Rs. 23,016 15 Years Rs. 17,754 20 Years Rs. 15,267

How much loan can I get on 30000 salary?

Net Monthly income Home Loan Amount Rs.25,000 Rs.18,64,338 Rs.30,000 Rs.22,37,206 Rs.40,000 Rs.29,82,941 Rs.50,000 Rs.37,28,676

How much home loan can I get on 55000 salary?

55,000 Monthly Salary. If your monthly income is Rs. 55,000 net, your Home Loan EMI can be a maximum of Rs. 22,500 , as per the 50% rule.

Can I get home loan of 60 lakhs?

Generally, you can apply for home loan up to ₹ 60 Lakh if you fall within the age range of 18 years to 70 years . ... Income : Your home loan application will easily get approved if you are salaried and earn a minimum of ₹ 25,000 monthly. If you are self employed, your gross annual income should be ₹ 4,80,000 annually.

Emily Lee
Author
Emily Lee
Emily Lee is a freelance writer and artist based in New York City. She’s an accomplished writer with a deep passion for the arts, and brings a unique perspective to the world of entertainment. Emily has written about art, entertainment, and pop culture.