12 lakh home loan EMI Details – Interest Rates 2018

Check EMI Calculation for 12 Lakh home loan for 5, 10, 15, 20 Years or How much EMI you have to pay for 12 Lakh home loan amount per month? Check the EMI from HDFC ltd, SBI, ICICI Bank, Kotak, Axis Bank, Bajaj, DHFL, Bank of Baroda, Bank of India, LIC Housing at deal4loans.com & Apply Online Instantly. Modi home loan scheme for 12 lakh under PMAY Subsidy for poor people.

EMI Calculation for 12 Lakh Home Loan amount for Various Tenure Options:

EMI Calculated on 8.40% Rate of Interest.

Tenure Options EMI Per Month
5 Years Rs. 24,562.08
10 Years Rs. 14,814.24
15 Years Rs. 11,746.68
20 Years Rs. 10,338.00
25 Years Rs. 9,582.00
30 Years Rs. 9,142.08

Home Loan applications received for rupees ₹ 419,027 crores till 15 October 2018

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Loan Amount
Occupation

Annual Income

City

54,02,013 loan quotes taken till now.
  • 54 lakh customers serviced to get best Loan deals with deal4loans. Deal4loans views Published @ yourstory.com
  • As RBI cuts rate, should you go for fixed home loan Deal4loans views Published @ Economic Times online.

12 Lakh Home Loan Interest Rates 2018

Bank Interest Rate
SBI 8.45% – 9.00%
DHFL 8.50%
HDFC Ltd 8.70% – 8.90%
LIC Housing 8.75% – 8.95%
ICICI Bank 8.70% – 8.95%
Axis Bank 8.50% – 8.70%
IDBI Bank 8.90%
PNB 8.65% – 8.75%
Bank of Baroda 8.50%

You Can also Calculate Manually EMI With EMI Calculator Deal4loans

Here’s the Lowest Calculated EMI of 12 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 8.40%.

Monthly Payment (EMI)

Total Interest Payable in 20 years

Total Payment (Principal + Interest) after 20 years for 12 Lakh of loan amount

Rs.10338.05

Rs.1281132

Rs.2481132

Banks which are offering 12 Lakh home loan amount at 8.60% rate of interest.

SBI LIC Housing HDFC Ltd ICICI Bank
Axis Bank IDBI Bajaj Finserv PNB Housing

 

If You want to Know you are eligible for 12 Lakh of Loan amount or Now Use

Yearly Calculated Values on the Basis of 8.40% Rate of Interest

Year Principal Interest Balance Amount
1 Rs. 24,174 Rs. 99,882 Rs. 1,175,826
2 Rs. 26,283 Rs. 97,773 Rs. 1,149,543
3 Rs. 28,579 Rs. 95,477 Rs. 1,120,964
4 Rs. 31,074 Rs. 92,982 Rs. 1,089,890
5 Rs. 33,786 Rs. 90,270 Rs. 1,056,104
6 Rs. 36,737 Rs. 87,319 Rs. 1,019,367
7 Rs. 39,943 Rs. 84,113 Rs. 979,424
8 Rs. 43,433 Rs. 80,623 Rs. 935,991
9 Rs. 47,223 Rs. 76,833 Rs. 888,768
10 Rs. 51,347 Rs. 72,709 Rs. 837,421
11 Rs. 55,829 Rs. 68,227 Rs. 781,592
12 Rs. 60,704 Rs. 63,352 Rs. 720,888
13 Rs. 66,006 Rs. 58,050 Rs. 654,882
14 Rs. 71,770 Rs. 52,286 Rs. 583,112
15 Rs. 78,033 Rs. 46,023 Rs. 505,079
16 Rs. 84,846 Rs. 39,210 Rs. 420,233
17 Rs. 92,255 Rs. 31,801 Rs. 327,978
18 Rs. 100,310 Rs. 23,746 Rs. 227,668
19 Rs. 109,068 Rs. 14,988 Rs. 118,600
20 Rs. 118,672 Rs. 5,466 Rs. 0