Monthly EMI: ₹9,650 at 10% for 20 years. Total interest: ₹13,16,000.
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With a ₹10 Lakh home loan from Muthoot Finance at 10% for 20 years, you will pay a monthly EMI of ₹9,650. The total amount payable is ₹23,16,000, of which ₹13,16,000 is interest.
At 10% interest rate for 20 years, the EMI for ₹10 Lakh Home Loan from Muthoot Finance is ₹9,650 per month. Total interest payable: ₹13,16,000.
Muthoot Finance offers Home Loan at 10.00 - 14.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹10 Lakh at 10% for 20 years, you would pay approximately ₹13,16,000 as total interest, making the total repayment ₹23,16,000.
Muthoot Finance's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
Muthoot Finance offers competitive rates starting from 10.00 - 14.00% with tenure up to 15 years. Compare with other banks on this page to find the best option for your ₹10 Lakh home loan.