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Considering a home loan of ₹25 Lakhs? Comparing EMIs across various tenures will help you strike a balance between EMIs and overall interest costs. This empowers you to select a home loan plan that aligns with your long-term financial objectives.

EMI Calculations for a Home Loan of ₹25 Lakhs with Varying Tenures

It is important to assess the EMI of your home loan of ₹25 Lakhs to check whether it fits your repayment capacity. To understand this let us take the help of an example. Consider a scenario where you have secured a home loan of ₹25 Lakhs at an 8.85% p.a. interest rate. The following tables outline the EMIs and associated interest costs for diverse tenures, spanning from 10 to 30 years.

EMI on Home Loan of 10 Years

Here are details of the EMI payable on a home loan of ₹25 Lakhs with a tenure of 10 years:

Loan Amount

₹25,00,000

Rate of Interest

8.85% per annum

EMI

₹31,466

Total Interest

₹12,75,962

Total Repayment

₹37,75,962

EMI on a Home Loan of 20 Years

The following table outlines the details of the EMI payable:

Loan Amount

₹25,00,000

Rate of Interest

8.85% per annum

EMI

₹22,253

Total Interest

₹28,40,610

Total Repayment

₹53,40,610

EMI on a Home Loan of 30 Years

Check the following table to know the details of the EMI payable on a home loan of ₹25 Lakhs with a tenure of 30 years:

Loan Amount

₹25,00,000

Rate of Interest

8.85% per annum

EMI

₹19,846

Total Interest

₹46,44,680

Total Repayment

₹71,44,680

₹25 Lakhs Home Loan EMI Calculator

Loan Amount
Tenure
  • Months
  • Years
Rate of Interest
%

Monthly EMI

at % interest rate for months

Total Amount Payable
Principal Amount
Total Interest Amount

Home Loan Amortization Schedule

Year Principal Interest Balance

Lenders Offering Home Loans of ₹25 Lakhs

Here is a list of all lenders that offer a home loan of ₹25 Lakhs on Bajaj Markets

Lender

Interest Rate

Max. Loan Amount and Tenure

Bajaj Housing Finance

8.50% p.a.

  • Amount: ₹5 Crores
  • Tenure: 40 years

Home First Finance Company

9.50% p.a.

  • Amount: ₹40 Lakhs
  • Tenure: 20 years

ICICI Bank

9.00% p.a.

  • Amount: ₹5 Crores
  • Tenure: 30 years

India Shelter

10.50% p.a.

  • Amount: ₹50 Lakhs
  • Tenure: 20 years 

Kotak Mahindra Bank

9.00% p.a.

  • Amount: ₹50 Lakhs
  • Tenure: 20 years

LIC Housing Finance

8.65% p.a.

  • Amount: ₹15 Crores
  • Tenure: 30 years

PNB Housing Finance

8.50% p.a.

  • Amount: ₹15 Crores
  • Tenure: 30 years

Shriram Housing Finance

11.50% p.a.

  • Amount: ₹1 Crore
  • Tenure: 25 years

Shubham Housing Finance

10.90% p.a.

  • Amount: ₹50 Lakhs
  • Tenure: 25 years

Union Bank of India 

8.50% p.a.

  • Amount: ₹15 Crores
  • Tenure: 30 years

*Disclaimer: The aforementioned details are subject to change at the lender’s discretion.

FAQs

If you take a home loan between ₹5 Lakhs and ₹10 Lakhs for a tenure of 10 years, assuming the rate of interest of 8.65% per annum, you will be paying an EMI between ₹6,239 and ₹12,479 every month to the lender.

If you take a home loan between ₹20 Lakhs and ₹25 Lakhs for a tenure of 30 years, assuming the rate of interest of 8.65% per annum, you will be paying an EMI between ₹15,591 and ₹19,489 every month to the lender. 

 

To calculate your EMIs, take the assistance of a home loan EMI calculator. You can use an EMI calculator for any home loan amount and tenure and get accurate results. 

Usually, lenders provide tenures of up to 30 years for a home loan, while some financial institutions also offer repayment periods of up to 40 years. The longest tenure you can get depends on the lender and your eligibility. Remember, opting for a longer repayment tenure can help lower the EMI of your home loan.

To get a home loan of ₹25 Lakhs, lenders usually require you to have a salary of ₹30,000 per month. However, this depends on the lender and your eligibility.

You can reduce the EMI of your home loan of ₹25 Lakhs by opting for a lower interest rate. You can also make part-prepayments or opt for a longer tenure to lower the EMI amount.

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