Monthly EMI: ₹48,251 at 10% for 20 years. Total interest: ₹65,80,240.
| Year | Principal | Interest | Balance |
|---|
With a ₹50 Lakh home loan from Muthoot Finance at 10% for 20 years, you will pay a monthly EMI of ₹48,251. The total amount payable is ₹1,15,80,240, of which ₹65,80,240 is interest.
At 10% interest rate for 20 years, the EMI for ₹50 Lakh Home Loan from Muthoot Finance is ₹48,251 per month. Total interest payable: ₹65,80,240.
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 ₹50 Lakh at 10% for 20 years, you would pay approximately ₹65,80,240 as total interest, making the total repayment ₹1,15,80,240.
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 ₹50 Lakh home loan.