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Loan Against Property EMI Calculator

Raise funds easily and quickly with loans against residential and commercial properties. Calculate your monthly payments

₹ 11,00,000₹ 10,00,00,000
1 year15 years
%
10.10% PA10.60% PA
Your Monthly EMI will be

Amount Payable

Interest Amount

Principle Amount

homeLoanCalculator

You can borrow up to 25,00,000 over a term of 11 years

Eligibility-notification

Interest Rate for Loan Against Property EMI Calculator

9% - 11%

(Fixed Rate)

More about LAP EMI Calculator

  • How to use our Loan Against Property Calculator? 

  • Here’s how you can use HDFC Bank’s Loan Against Property monthly payment calculator:
  • Visit the HDFC Bank’s Loan Against Property EMI Calculator webpage.
  • Enter the desired loan amount.
  • Fill in the required loan repayment tenure (in years).
  • Enter your preferred interest rate from the interest rate range provided.
  • Click on the ‘Calculate’ option.
  • The calculator will then display your estimated EMI for the Loan Against Property. Remember, the EMI includes the principal repayment and the interest on the outstanding loan amount.

Frequently Asked Questions

A LAP EMI calculator works by using the following formula that helps calculate your monthly EMI payable :

EMI amount = [P x r x (1+𝑟) ^𝑛] / [(1+𝑟) ^n-1]

Where,

  • P is the principal loan amount 
  • r is the monthly interest rate, and
  • n is the number of EMIs

The LAP calculator inputs these values to determine your monthly payment.

No, you typically cannot get a 100% Loan Against Property. Lenders usually offer 60-75% of the property's market value as a loan. The exact loan amount you can get depends on various factors such as the property’s current value and type, your credit score and creditworthiness, and the lender’s internal borrowing policies. Essentially, providing only a specific percentage of the property’s value, as opposed to its 100% value ensures some equity remains with the borrower as a safety margin.

To use a Loan Against a Property EMI calculator, input the loan amount, interest rate, and tenure. The calculator will compute your monthly EMI based on these details. You can also change the variables to align with your budget.

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