28 Lakh Home Loan EMI Details – Interest Rates 2024

Check EMI Calculation for 28 Lakh home loan for 5, 10, 15, 20, 25 & 30 Years or how much EMI you have to pay for 28 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.

28 Lakh Home loan EMI for Various Repayment Tenures

Repayment Time Interest Rate EMI
5 Years 8.70% 57,717
10 Years 8.70% 35,016
15 Years 8.70% 27,902
20 Years 8.70% 24,655
25 Years 8.70% 22,925
30 Years 8.70% 21,928
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28 Lakh Home Loan Interest Rates 2024

SBI Home Loan 8.70 – 9.40%
HDFC Ltd 8.65 – 9.85%
ICICI Bank 8.60 – 9.60%
LIC Housing Finance 8.30 – 9.80%
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 28 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 28 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 8.70% .

Banks which are offering 28 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 28 Lakh of loan amount

Rs.24,655

Rs.31,17,114

Rs.59,17,114

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28 Lakh Home Loan Yearly Calculated Values on the Basis of 8.70% Rate of Interest

Year Principal Interest Balance Amount
1 Rs. 54,395 Rs. 241,465 Rs. 2,745,605
2 Rs. 59,320 Rs. 236,540 Rs. 2,686,285
3 Rs. 64,692 Rs. 231,168 Rs. 2,621,593
4 Rs. 70,550 Rs. 225,310 Rs. 2,551,043
5 Rs. 76,940 Rs. 218,920 Rs. 2,474,103
6 Rs. 83,906 Rs. 211,954 Rs. 2,390,197
7 Rs. 91,506 Rs. 204,354 Rs. 2,298,691
8 Rs. 99,790 Rs. 196,070 Rs. 2,198,901
9 Rs. 108,827 Rs. 187,033 Rs. 2,090,074
10 Rs. 118,682 Rs. 177,178 Rs. 1,971,392
11 Rs. 129,428 Rs. 166,432 Rs. 1,841,964
12 Rs. 141,148 Rs. 154,712 Rs. 1,700,816
13 Rs. 153,928 Rs. 141,932 Rs. 1,546,888
14 Rs. 167,871 Rs. 127,989 Rs. 1,379,017
15 Rs. 183,069 Rs. 112,791 Rs. 1,195,948
16 Rs. 199,647 Rs. 96,213 Rs. 996,301
17 Rs. 217,729 Rs. 78,131 Rs. 778,572
18 Rs. 237,443 Rs. 58,417 Rs. 541,129
19 Rs. 258,945 Rs. 36,915 Rs. 282,184
20 Rs. 282,360 Rs. 13,466 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