SBI Home Loan Calculator: What will be the EMI you will pay on Rs 70 lakh loan for 20, 25 & 30 years?
SBI Home Loan Calculator: At 8.50 per cent interest rate, the estimated EMI on a Rs 70 lakh, 25-year SBI home loan will be Rs 56,366. The estimated interest in that duration will be Rs 99,09,769, and the estimated repayment amount will be Rs 1,69,09,769.
SBI Home Loan Calculator: Most people want to own a home. But real estate in Indian cities is costly. The buyer who is dreaming of owning a home needs to spend a hefty amount. Since most people can't buy a home with one-time payment, most of them depend on home loan. Such loans are high amounts and long durations. Like many other banks, SBI also offers home loans.
Photos: Unsplash/Pixabay