Monthly EMI: ₹17,547 at 8.65% for 20 years. Total interest: ₹22,11,280.
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With a ₹20 Lakh home loan from L&T Finance at 8.65% for 20 years, you will pay a monthly EMI of ₹17,547. The total amount payable is ₹42,11,280, of which ₹22,11,280 is interest.
At 8.65% interest rate for 20 years, the EMI for ₹20 Lakh Home Loan from L&T Finance is ₹17,547 per month. Total interest payable: ₹22,11,280.
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 ₹20 Lakh at 8.65% for 20 years, you would pay approximately ₹22,11,280 as total interest, making the total repayment ₹42,11,280.
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 ₹20 Lakh home loan.