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 |
Secondly, how much EMI can I get for 5 lakhs?
EMI Calculation for 5 Lakh Home Loan amount for Various Tenure Options:
| Tenure Options | EMI Per Month |
|---|---|
| 5 Years | Rs. 9,853 |
| 10 Years | Rs. 5,754 |
| 15 Years | Rs. 4,438 |
| 20 Years | Rs. 3,817 |
Hereof, how much home loan can I get on 55000 salary?
55,000 Monthly Salary. If your monthly income is Rs. 55,000 net, your Home Loan EMI can be a maximum of Rs. 22,500, as per the 50% rule.
How much home loan can I get on 65000 salary?
SBI Home Loan Eligibility Based on Salary
| Monthly Income | Loan Amount |
|---|---|
| Rs. 50,000 | Rs.33,99,059 |
| Rs. 55,000 | Rs.41,54,405 |
| Rs. 60,000 | Rs.45,32,079 |
| Rs. 65,000 | Rs.49,09,752 |
How much home loan can I get on 80000 salary?
For instance, if your net salary is Rs. 55,000, you will be eligible for a loan of approximately Rs 33 lakhs.
| Net Monthly Income (Rs.) | Home Loan Amount (Rs.) |
|---|---|
| 60,000 | 46,43,370 |
| 70,000 | 54,81,756 |
| 80,000 | 63,20,142 |
| 90,000 | 71,58,529 |
How much loan can I get if my salary is 10000?
Banks such as SBI and Indian Overseas Bank provide personal loans to individuals who have lower income of Rs. 5000 per month. But the loan amount might be lower than you expected.
| Bank | Minimum Monthly Income Required |
|---|---|
| Punjab National Bank | Rs. 10,000 |
| HDFC Bank | Rs. 15,000 |
| ICICI Bank | Rs. 17,500 |
How much loan can I get on 35000 salary?
Here taking a salary as ₹ 35k, & without any fixed monthly obligation, you can pay a maximum of ₹ 17,500 as EMI considering 50% FOIR. If the interest rate is 10% per annum, the loan amount eligibility can be arrived at ₹ 20,46,586 using a home loan eligibility calculator (assuming 3 household members).
How much loan can I get on 60000 salary?
However, if you are deliberating on the loan amount with how much loan I can get on a 60,000 salary, the approved amount should be close to
| Salary | Expected Personal Loan Amount |
|---|---|
| Rs. 40,000 | Rs. 10.80 lakhs |
| Rs. 50,000 | Rs. 13.50 lakhs |
| Rs. 60,000 | Rs. 16.20 lakhs |
What is the EMI for 10 lakhs home loan for 10 years?
10,572
| Loan Amount | EMI when Tenor is 10 Years |
|---|---|
| 6 lakh home loan EMI | Rs.7,929 |
| 5 lakh home loan EMI | Rs.6,608 |
| 4 lakh home loan EMI | Rs.5,286 |
| 3 lakh home loan EMI | Rs.3,965 |
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 20 lakhs?
20 Lakh Home Loan Interest Rates 2021
| Monthly Payment (EMI) | Total Interest Payable in 20 years | Total Payment (Principal + Interest) after 20 years for 20 Lakh of loan amount |
|---|---|---|
| Rs. 15,267 | Rs. 16,64,030 | Rs. 36,64,030 |
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 |
What is the monthly interest on 20 lakhs?
How to Calculate EMI for 20 Lakh Personal Loan?
| Loan Amount (Rs.) | Interest Rate (p.a.) | Monthly EMI Payout (Rs.) |
|---|---|---|
| 20 lakh | 11.00% | 43,485 |
| 20 lakh | 12.00% | 44,489 |
| 20 lakh | 13.00% | 45,506 |
| 20 lakh | 15.00% | 47,580 |
Which is best bank for home loan?
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.