8 Lakh home loan EMI Details – Interest Rates 2024

Check EMI Calculation for 8 Lakh home loan for 5, 10, 15, 20, 25 & 30 Years or how much EMI you have to pay for 8 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.

8 Lakh Home loan EMI for Various Repayment Tenures

Repayment Time Interest Rate EMI
5 Years 8.10% 16256
10 Years 8.10% 9752
15 Years 8.10% 7688
20 Years 8.10% 6744
25 Years 8.10% 6224
30 Years 8.10% 5928
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8 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 8 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 8 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 8 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 8 Lakh of loan amount

Rs.6,741

Rs.8,17,935

Rs.16,17,935

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

Year Principal Interest Balance Amount
1 Rs. 16,703 Rs. 64,189 Rs. 783,297
2 Rs. 18,106 Rs. 62,786 Rs. 765,191
3 Rs. 19,630 Rs. 61,262 Rs. 745,561
4 Rs. 21,280 Rs. 59,612 Rs. 724,281
5 Rs. 23,069 Rs. 57,823 Rs. 701,212
6 Rs. 25,011 Rs. 55,881 Rs. 676,201
7 Rs. 27,112 Rs. 53,780 Rs. 649,089
8 Rs. 29,392 Rs. 51,500 Rs. 619,697
9 Rs. 31,862 Rs. 49,030 Rs. 587,835
10 Rs. 34,541 Rs. 46,351 Rs. 553,294
11 Rs. 37,444 Rs. 43,448 Rs. 515,850
12 Rs. 40,591 Rs. 40,301 Rs. 475,259
13 Rs. 44,006 Rs. 36,886 Rs. 431,253
14 Rs. 47,707 Rs. 33,185 Rs. 383,546
15 Rs. 51,716 Rs. 29,176 Rs. 331,830
16 Rs. 56,065 Rs. 24,827 Rs. 275,765
17 Rs. 60,780 Rs. 20,112 Rs. 214,985
18 Rs. 65,890 Rs. 15,002 Rs. 149,095
19 Rs. 71,430 Rs. 9,462 Rs. 77,665
20 Rs. 77,712 Rs. 3,457 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