EMI for a Home Loan of ₹15 Lakhs

Know the EMI for a home loan of ₹15 Lakhs to borrow within your budget

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Getting a home loan of ₹15 Lakhs is a significant decision. By calculating the EMI for a home loan of ₹15 Lakhs, you are in a better position to find feasible terms and plan your finances accordingly.

Moreover, it is much easier to find a tenure that allows for a hassle-free repayment process. With an EMI calculator, you can compute the EMI for various loan terms conveniently.

15 Lakhs Home Loan EMI Calculator

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Year	EMI	Principal	Interest	Balance

EMI for a Home Loan of ₹15 Lakhs for Various Tenures

Considering that the tenure is a factor that will affect your ₹15 Lakh home loan EMI amount, it helps to know the specifics. Here’s a table that shows how the EMI amount varies as per the tenure.

Loan Amount	Interest Rate (p.a.)	Repayment Tenure	EMI Amount
₹15 Lakhs	8.50%	10 Years	₹18,598
₹15 Lakhs	8.50%	20 Years	₹13,017
₹15 Lakhs	8.50%	25 Years	₹12,078
₹15 Lakhs	8.50%	30 Years	₹11,534

Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.

Home Loan EMI for 10 Years

Here is the calculation of EMI for a home loan of ₹15 Lakhs for 10 years:

Loan Amount	₹15 Lakhs
Interest Rate	8.50% p.a.
Loan Tenure	10 Years
EMI Amount	₹18,598
Total Interest Payable	₹7,31,742
Total Payable Amount	₹22,31,742

Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.

Home Loan EMI for 20 Years

Check out this table for EMI payable for a home loan of ₹15 Lakhs for 20 years:

Loan Amount	₹15 Lakhs
Interest Rate	8.50% p.a.
Loan Tenure	20 Years
EMI Amount	₹13,017
Total Interest Payable	₹16,24,164
Total Payable Amount	₹31,24,164

Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.

Home Loan EMI for 30 Years

This table includes the calculation of EMI for a home loan of ₹15 Lakhs for 30 years:

Loan Amount	₹15 Lakhs
Interest Rate	8.50% p.a.
Loan Tenure	30 Years
EMI Amount	₹11,534
Total Interest Payable	₹26,52,133
Total Payable Amount	₹41,52,133

Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.

Other Home Loan EMI Options
10 Lakh Home Loan EMI	20 Lakh Home Loan EMI
25 Lakh Home Loan EMI	30 Lakh Home Loan EMI
40 Lakh Home Loan EMI	50 Lakh Home Loan EMI
1 Crore Home Loan EMI

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Home Loan by Banks & HFCs

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What will be the EMI amount for a home loan of ₹15 Lakhs for 10 years?

The EMI for a home loan of ₹15 Lakhs for 10 years at an interest rate of 8.50% p.a. will be ₹18,598.

What is the EMI for a ₹15 Lakhs home loan for 20 years?

At an interest rate of 8.50% p.a., the EMI for a home loan of ₹15 Lakhs for 20 years will amount to ₹13,017.

Can I get a home loan of ₹15 Lakhs?

Yes, you can apply for a home loan of ₹15 Lakhs with various lenders online as well as offline.

What will be the EMI for a ₹15 Lakhs home loan?

The EMIs payable depend on the tenure. For instance, the EMI for a home loan of ₹15 Lakhs for 10 years at an interest rate of 8.50% p.a. will amount to ₹18,598.