Monthly EMI: ₹87,734 at 8.65% for 20 years. Total interest: ₹1,10,56,160.
| Year | Principal | Interest | Balance |
|---|
With a ₹1 Crore home loan from L&T Finance at 8.65% for 20 years, you will pay a monthly EMI of ₹87,734. The total amount payable is ₹2,10,56,160, of which ₹1,10,56,160 is interest.
At 8.65% interest rate for 20 years, the EMI for ₹1 Crore Home Loan from L&T Finance is ₹87,734 per month. Total interest payable: ₹1,10,56,160.
L&T Finance offers Home Loan at 8.65 - 14.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹1 Crore at 8.65% for 20 years, you would pay approximately ₹1,10,56,160 as total interest, making the total repayment ₹2,10,56,160.
L&T Finance's prepayment policy for Home Loan: 4% for fixed, nil for floating. Making prepayments can significantly reduce your total interest outgo.
L&T Finance offers competitive rates starting from 8.65 - 14.00% with tenure up to 25 years. Compare with other banks on this page to find the best option for your ₹1 Crore home loan.