EMI for a Home Loan of ₹30 Lakhs

With proper planning, handling the EMIs for a home loan of ₹30 Lakhs is much easier. This is because digital tools like EMI calculators have made it easier to compare offerings and optimise your terms for affordability over the long term.

One of the key factors that influences the amount payable is the repayment tenure. For example, if you opt for a longer tenure, the EMI amount will be reduced. However, extending the length of the tenure also increases the total interest payable.

Here’s a table to highlight the EMI calculation for home loan of ₹30 Lakhs at an interest rate of 9.50% p.a., across a few tenure options. 

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

For a home loan of ₹30 Lakhs, the EMI for 10 years and total interest charges are as follows:

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

Check out the amount payable along with the total interest payment:

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

Here are the details of the payment of EMI for a home loan of ₹30 Lakhs for 30 years:

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