Monthly EMI: ₹23,303 at 9.5% for 20 years. Total interest: ₹30,92,720.
| Year | Principal | Interest | Balance |
|---|
With a ₹25 Lakh home loan from Mahindra Finance at 9.5% for 20 years, you will pay a monthly EMI of ₹23,303. The total amount payable is ₹55,92,720, of which ₹30,92,720 is interest.
At 9.5% interest rate for 20 years, the EMI for ₹25 Lakh Home Loan from Mahindra Finance is ₹23,303 per month. Total interest payable: ₹30,92,720.
Mahindra Finance offers Home Loan at 9.50 - 15.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹25 Lakh at 9.5% for 20 years, you would pay approximately ₹30,92,720 as total interest, making the total repayment ₹55,92,720.
Mahindra Finance's prepayment policy for Home Loan: 3% for first 3 years, nil after. Making prepayments can significantly reduce your total interest outgo.
Mahindra Finance offers competitive rates starting from 9.50 - 15.00% with tenure up to 20 years. Compare with other banks on this page to find the best option for your ₹25 Lakh home loan.