Best banks to get your home loan in 2021
- Union Bank of India.
- Union Bank home loan interest rate.
- Kotak Mahindra Bank.
- Kotak Mahindra home loan interest rate.
- Bank of Baroda.
- Bank of Baroda home loan interest rate.
- Punjab National Bank.
- Punjab National Bank home loan interest rate.
Accordingly, how much home loan can I get if my salary is 15000?
Here taking a salary as ₹ 30k, & without any fixed monthly obligation, you can pay a maximum of ₹ 15,000 as EMI considering 50% FOIR. If the interest rate is 10% per annum, the loan amount eligibility can be arrived at ₹ 17,09,806 using a home loan eligibility calculator (assuming 3 household members).
Simply so, how much home loan can I get on 25000 salary? 25,000, you can avail as much as Rs. 18.64 lakh as a loan to purchase a home worth Rs. 40 lakh (provided you have no existing financial obligations.)
Beside above, how much home loan can I get on 40000 salary?
How much home loan can I get on my salary?
| Net Monthly income | Home Loan Amount |
|---|---|
| Rs.25,000 | Rs.18,64,338 |
| Rs.30,000 | Rs.22,37,206 |
| Rs.40,000 | Rs.29,82,941 |
| Rs.50,000 | Rs.37,28,676 |
What is the EMI for 10 lakhs home loan for 10 years?
EMI Calculation for a Home Loan of Rs. 10 Lakh with Different Tenors
| Loan Amount | EMI when Tenor is 10 Years | EMI when Tenor is 15 Years |
|---|---|---|
| Rs. 10,00,000 | 13,215 | 10,746 |
What is the EMI for 20 lakhs home loan?
EMIs on a 20 lakh home loan for 30 years
| Loan Amount | Interest rate | EMI |
|---|---|---|
| Rs.20 lakh | 6.70%* | Rs.17,551 |
What is the EMI for 25 lakhs home loan for 10 years?
EMI on a 25 lakh home loan for 20 years, 15 years and 10 years
| Loan Amount | EMI when Tenor is 10 Years | EMI when Tenor is 20 Years |
|---|---|---|
| Rs.25,00,000 | Rs.33,038 | Rs.24,126 |