48 Lakh Home Loan EMI Details – Interest Rates 2024

Check EMI Calculation for 48 Lakh home loan for 5, 10, 15, 20, 25 & 30 Years or how much EMI you have to pay for 48 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.

48 Lakh Home loan EMI for Various Repayment Tenures

Repayment Time Interest Rate EMI
5 Years 8.70% 98,943
10 Years 8.70% 60,028
15 Years 8.70% 47,832
20 Years 8.70% 42,265
25 Years 8.70% 39,300
30 Years 8.70% 37,590
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48 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 8.45 – 9.80%
Canara Bank 8.60 – 10.80%
Aadhar Home loan N.A

You Can also Calculate Manually EMI With EMI Calculator Deal4loans

48 Lakh Home Loan EMI Calculator

Calculate Loans EMI Online

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 48 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 48 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 48 Lakh of loan amount

Rs.42,265

Rs.53,43,624

Rs.1,01,43,624

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

Year Principal Interest Balance Amount
1 Rs. 93,240 Rs. 413,940 Rs. 4,706,760
2 Rs. 101,682 Rs. 405,498 Rs. 4,605,078
3 Rs. 110,890 Rs. 396,290 Rs. 4,494,188
4 Rs. 120,931 Rs. 386,249 Rs. 4,373,257
5 Rs. 131,883 Rs. 375,297 Rs. 4,241,374
6 Rs. 143,827 Rs. 363,353 Rs. 4,097,547
7 Rs. 156,851 Rs. 350,329 Rs. 3,940,696
8 Rs. 171,054 Rs. 336,126 Rs. 3,769,642
9 Rs. 186,542 Rs. 320,638 Rs. 3,583,100
10 Rs. 203,438 Rs. 303,742 Rs. 3,379,662
11 Rs. 221,857 Rs. 285,323 Rs. 3,157,805
12 Rs. 241,947 Rs. 265,233 Rs. 2,915,858
13 Rs. 263,857 Rs. 243,323 Rs. 2,652,001
14 Rs. 287,750 Rs. 219,430 Rs. 2,364,251
15 Rs. 313,807 Rs. 193,373 Rs. 2,050,444
16 Rs. 342,224 Rs. 164,956 Rs. 1,708,220
17 Rs. 373,213 Rs. 133,967 Rs. 1,335,007
18 Rs. 407,009 Rs. 100,171 Rs. 927,998
19 Rs. 443,866 Rs. 63,314 Rs. 484,132
20 Rs. 484,437 Rs. 23,121 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