Regardless of the high inflation rates, you can own your dream house today if you
know the right ways. One such
remarkable way to own a home is through a 25 lakh home loan. A home loan of 25 lakhs
ensures that you can get a property
or settle a high-end bill.
What's more, the home loan interest rates are
competitive and your 25 lakh home loan EMI will not increase. You can own
your property today, with the assistance of a friendly loan amount.
To receive a home loan of up to 25 lakhs, you must fulfil certain requirements. Some
of the primary conditions include:
The current home loan interest rate set for this is 6.70% and upwards for salary
earners. For the self-employed, the
interest rate is usually between 6.70% and 11.5%. This gives a clear understanding
of your position and how best to take
a home loan.
To know more about our home loan interest rate, fees, and charges in detail, Click Here.
To receive honest information on your EMI, we recommend a home loan eligibility calculator.
Your EMI is determined after
the loan's principal amount, duration of the loan, and rate of interest have been
entered into the calculator.
We advise that correct information helps to provide a sincere EMI estimation. We
recommend that you input the principal
amount plus the home loan interest rate and the exact duration of the loan. Note
that amounts supplied at one time may
not correspond with future estimations.
Also, note that there are methods for lowering your monthly EMI, thereby reducing
your financial burdens. If interest
rates are lower, then it decreases. It will also decrease if you make prepayments.
For instance: A 25 lakh home loan set to last for 30 years with an ROI of 10%
(Rate of Interest) will have a monthly EMI
of Rs.21, 939. If the home loan is set to run for 10 years at a rate of interest of
10%, the monthly EMI to be paid is
Home Loan Interest
Home Loan EMI
Home Loan Balance
20 Lakh Home Loan
30 Lakh Home Loan
40 Lakh Home Loan
50 Lakh Home Loan
Home Loan up to 1 Crore
Home Loan Tax Benefit
CIBIL Score for Home
GST on Home Loan
Last update on 11-Mar-2021
Now know your Home Loan Eligibility
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