Find out the exact monthly payments for a home loan of ₹90 Lakhs over different time periods.
With a well-thought-out EMI program, you can keep your finances stable and reach your goal of owning a home. For this, you need to understand how a ₹90 Lakh home loan EMI will affect your monthly expenses. It helps you determine if the home loan is affordable, and find ways to lower the loan cost.
The EMIs for a ₹90 Lakh home loan change a lot depending on how long the loan is for. By comparing these numbers, you can balance your regular spending and the total amount you must repay. The table below shows the EMI for a ₹90 Lakh home loan with a 9.25% p.a. interest rate over different loan terms:
Repayment Tenure |
EMI Amount |
10 Years |
₹ 1,11,587 |
20 Years |
₹ 78,104 |
25 Years |
₹ 72,470 |
30 Years |
₹ 69,202 |
Disclaimer: The figures above are indicative. Verify the actual payable EMIs with your lender before applying.
For a ₹90 Lakh home loan with a 10-year tenure using 90 Lakh home loan EMI calculator, the EMI and total loan costs are as follows:
Loan Amount |
₹ 90 Lakhs |
Interest Rate |
9.25% p.a. |
Loan Tenure |
10 years |
EMI Payable |
₹1,11,587 |
Total Interest Payable |
₹43,90,454 |
Total Payable Amount |
₹1,33,90,454 |
Disclaimer: The figures above are indicative. Verify the actual payable EMIs with your lender before applying.
A ₹90 lakh home loan with a 20-year tenure includes various costs, such as interest, processing fees, insurance, and other associated expenses:
Loan Amount |
₹ 90 Lakhs |
Interest Rate |
9.25% p.a. |
Loan Tenure |
20 years |
EMI Payable |
₹78,104 |
Total Interest Payable |
₹97,44,981 |
Total Payable Amount |
₹1,87,44,981 |
Disclaimer: The figures above are indicative. Verify the actual payable EMIs with your lender before applying.
A 90 Lakh home loan EMI with a 30-year tenure offers an extended repayment period, ensuring manageable monthly EMIs and financial flexibility for borrowers:
Loan Amount |
₹ 90 Lakhs |
Interest Rate |
9.25% p.a. |
Loan Tenure |
30 years |
EMI Payable |
₹69,202 |
Total Interest Payable |
₹1,59,12,796 |
Total Payable Amount |
₹2,49,12,796 |
Disclaimer: The figures above are indicative. Verify the actual payable EMIs with your lender before applying.
Here are top lenders providing ₹90 Lakh home loans with attractive interest rates, ensuring competitive options for your financial needs:
Lenders |
Starting Interest Rate |
PNB Housing Finance |
8.50% p.a. |
L&T Finance |
8.60% p.a. |
LIC Housing Finance |
8.85% p.a. |
Home First Finance Company |
9.00% p.a. |
ICICI Bank |
9.00% p.a. |
Shriram Housing Finance |
11.50% p.a. |
Disclaimer: Interest rates are subject to change at the lender’s discretion.
To get a ₹90 Lakh home loan, people must meet specific requirements and provide particular papers, such as proof of income, proof of name, and information about the property. To speed up the acceptance process, ensure all papers are correct.
For Salaried Individuals:
Aged between 23 and 62 years
Minimum 3 years of continuous employment
Steady annual income
Good credit score
For Self-Employed Applicants:
Aged between 25 and 70 years
Stable business operations for over 5 years
Annual income suitable for repayment
Required Documents
Identity Proof: PAN card, Aadhaar card, passport, or driving licence
Address Proof: Utility bills, lease agreements, or other official proofs of residence
Banking Documents: Last 6 to 12 months’ bank statements
Property Papers: Ownership proof, sale deeds, and agreements related to the property
Photos: Passport-sized photographs
Loan Application: Completed with accurate details
Proof of Income Documents:
For Salaried Individuals: Payslips for the previous 3 to 6 months, Form 16, or recent ITR photocopies
For Self-Employed Individuals: Profit and loss statements, audit reports (past 2-3 years), and recent ITR copies
Yes, you can get a ₹90 Lakh home loan if your income, credit score, ability to return the loan, and home value meet the lender's requirements. Stability in finances is a must for approval.
The best loan term for you will rely on your current financial position. A longer term, like 30 years, lowers your monthly EMI payments, but it also means you pay more interest over the life of the loan.
A ₹90 Lakh home loan usually has a maximum payback term of 30 years, but this can change based on your age and other factors. Longer terms can lower the EMI, but the total interest may be higher.
The interest rate and length of the loan determine the EMI for a ₹90 Lakh house loan. At a rate of 9.25% per year, the EMI for a 30-year loan will be about ₹74,110.
The EMI for a ₹90 Lakh home loan with a 20-year term and 9.25% p.a. would be around ₹82,374. When the terms are shorter, the EMIs are higher, but the total interest paid is less.