7 Lakh home loan EMI Details – Interest Rates 2024

Check EMI Calculation for 7 Lakh home loan for 5, 10, 15, 20, 25 & 30 Years or how much EMI you have to pay for 7 Lakh home loan amount per month? Check the EMI from HDFC ltd, SBI, ICICI Bank, Kotak, Axis Bank, Bank of Baroda, Bank of India and LIC Housing at deal4loans & Apply Online Instantly.

7 Lakh Home loan EMI for Various Repayment Tenures

Repayment Time Interest Rate EMI
5 Years 8.10% 14224
10 Years 8.10% 8533
15 Years 8.10% 6727
20 Years 8.10% 5901
25 Years 8.10% 5446
30 Years 8.10% 5187
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7 Lakh Home Loan Interest Rates 2024

SBI Home Loan 8.70 – 9.40%
HDFC Ltd 8.65 – 9.85%
ICICI Bank 8.75 – 9.80%
LIC Housing Finance 8.65 – 10.25%
PNB Housing 8.75 – 11.70%
Kotak Bank 8.49 – 9.10%
Bank of Baroda 8.60 – 10.30%
Canara Bank 8.60 – 10.80%
Aadhar Home loan N.A

You Can also Calculate Manually EMI With EMI Calculator Deal4loans

Calculate EMI with Calculator for 7 Lakh

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Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

Here’s the Lowest Calculated EMI of 7 Lakh Home Loan amount for 20 Years. It will give you roughly how much you have to pay for Interest & Total Amount with Interest. Emi Calculated on 8.10% .

Banks which are offering 7 Lakh home loan amount at low rate of interest.

SBI home loan LIC Housing HDFC Ltd home loan ICICI Bank home loan
Axis Bank home loan IDBI home loan Pradhan mantri home loan PNB Housing Loan

 

Monthly Payment (EMI)

Total Interest Payable in 20 years

Total Payment (Principal + Interest) after 20 years for 7 Lakh of loan amount

Rs.5,899

Rs.7,15,693

Rs.14,15,693

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7 Lakh Home Loan Yearly Calculated Values on the Basis of 8.10% Rate of Interest

Year Principal Interest Balance Amount
1 Rs. 14,623 Rs. 56,165 Rs. 685,377
2 Rs. 15,851 Rs. 54,937 Rs. 669,526
3 Rs. 17,186 Rs. 53,602 Rs. 652,340
4 Rs. 18,631 Rs. 52,157 Rs. 633,709
5 Rs. 20,196 Rs. 50,592 Rs. 613,513
6 Rs. 21,897 Rs. 48,891 Rs. 591,616
7 Rs. 23,735 Rs. 47,053 Rs. 567,881
8 Rs. 25,731 Rs. 45,057 Rs. 542,150
9 Rs. 27,893 Rs. 42,895 Rs. 514,257
10 Rs. 30,240 Rs. 40,548 Rs. 484,017
11 Rs. 32,783 Rs. 38,005 Rs. 451,234
12 Rs. 35,538 Rs. 35,250 Rs. 415,696
13 Rs. 38,525 Rs. 32,263 Rs. 377,171
14 Rs. 41,766 Rs. 29,022 Rs. 335,405
15 Rs. 45,276 Rs. 25,512 Rs. 290,129
16 Rs. 49,084 Rs. 21,704 Rs. 241,045
17 Rs. 53,210 Rs. 17,578 Rs. 187,835
18 Rs. 57,683 Rs. 13,105 Rs. 130,152
19 Rs. 62,532 Rs. 8,256 Rs. 67,620
20 Rs. 67,658 Rs. 2,996 Rs. 0
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Top Banks for Home Loans in India
Banks Interest Rates
SBI 8.60% - 9.65%
HDFC Bank 8.50% - 9.40%
ICICI Bank 9.00% - 9.10%
LIC Housing Finance8.50% - 10.50%
PNB Housing 8.50% - 11.95%
Axis Bank 8.75% - 9.15%
Bank of Baroda 9.15% - 10.50%
Canara Bank 8.90 %- 11.25%
Aadhar Home loan N.A