• English
• English

# LIC Loan Against Property Balance Transfer EMI Calculator

Calculate EMI for Loan Against Property Balance Transfer

LIC HFL loans against property are now offered at lower interest rates. You can use these home equity loans taken against the security of the house or property you own to meet your financial requirements. Till your loan is fully paid back, you pay a fixed amount of money every month as repayment towards this loan, and that is called equated monthly installment or EMI. LIC Housing Finance is now offering 30 years of loan tenors at very low-interest rates of 8.35% for existing customers. You can even transfer your existing Loan Against Property Balance at a low rate of interest to LIC HFL without any complicated procedures. This may help decrease your monthly EMI amount. Use the  LIC HFL loan against property balance transfer EMI calculator to calculate the monthly EMI you have to pay if you transfer your existing loan to LIC HFL Loan against property.

### EMI term

₹ 5,000 ₹ 5,000
• Total amount payable
₹ 5,000 ₹ 5,000
• Interest rate
₹ 8.99% ₹ 8.01%
• Total interest
₹ 8.99% ₹ 8.01%
• Total interest
₹ 5,000

### EMI term

₹ 5,000 ₹ 5,000
• Total amount payable
₹ 5,000 ₹ 5,000
• Interest rate
₹ 8.99% ₹ 8.01%
• Total interest
₹ 8.99% ₹ 8.01%
• Total interest
₹ 5,000
01 ₹ 4,80,000 ₹ 50,000 8.5% ₹ 50,000 ₹ 50,000 ₹ 50,000

## How to Use LIC HFL LAPBT EMI Calculator?

To use a LIC HFL LAPBT EMI Calculator, simply type in your principal amount, rate of interest and the tenure of your loan in the online LAPBT EMI calculator. It will display your monthly EMI. Along with this, you can also analyze the total interest you have to pay for your loan and the total amount, including principal amount and interest.

## How is LIC HFL LAPBT EMI Calculated?

The table below shows the LIC HFL LAPBT EMI calculation using a LIC HFL loan against property balance transfer EMI calculator at the various combinations of loan amount and years at the low rate of 7.80%.

 Loan Amount EMI for 5 years tenure EMI for 10 years tenure EMI for 15 years tenure Rs. 10 Lakhs Rs. 20,517 Rs. 12,399 Rs. 9,847 Rs. 15 Lakhs Rs. 30,775 Rs. 18,598 Rs. 14,771 Rs. 20 Lakhs Rs. 41,033 Rs. 24,797 Rs. 19,695

## Benefits of Using LIC Housing Finance LAPBT EMI Calculator

• Compare tenures: You can compare the EMI with different tenures and loan amounts on your LIC HFL loan against property using the LIC Housing Finance LAPBT EMI Calculator. Don’t forget to confirm the LIC Housing Finance LAP  interest rate before calculating the EMI.

• Easy-to-use: LIC Housing Finance loan against property balance transfer emi calculator is easy to use. Just feed in the details about the loan to see the results instantly.

• Compare EMI: Using LIC HFL LIC HFL loan against property balance transfer emi calculator, you can get an exact idea of your loan compared to other lenders at the same principal amount and loan tenure. On the basis of this, you can decide whether you should transfer your existing loan to LIC Housing Finance Loan against property.

• Access anywhere, anytime: You can access this calculator anywhere, anytime on a desktop as well as on a mobile phone easily.

## Factors affecting LIC LAPBT EMI

• Loan amount -The loan amount against the loan amount of the property depends on the value of the property to be mortgaged. The greater the loan against the sum of land, the higher the EMI would be.

• Interest rate - The amount of interest to be paid is usually high in the initial years, and the interest component falls and the main component increases as the tenure come to an end. The lower the debt against the rate of property interest, the lower the EMI.
• Loan tenure - In India, the longest loan tenure available for mortgage loans is 30 years, according to the existing age and retirement age of the borrower.

## Frequently Asked Questions

• ### ✔️What is an LIC HFL LAPBT EMI Calculator?

A LIC HFL loan against property balance transfer emi calculator helps you calculate the monthly EMI you have to pay if you transfer your existing loan to LIC HFL loan against property.

• ### ✔️How does the EMI calculator calculate LIC Housing Finance LAPBT EMI?

The EMI calculator calculates the LIC Housing Finance LAPBT EMI by taking into account the loan amount, interest rate and loan tenure.

• ### ✔️What is the EMI for Rs. 10 Lakhs mortgage loan in LIC Housing Finance?

At the interest rate of 7.80%, the EMI for Rs. 10 Lakh mortgage loan in LIC Housing Finance for 10 years is Rs. 12,027.

• ### ✔️What is the EMI for Rs. 20 Lakhs LAPBT in LIC Housing Finance?

At the interest rate of 7.80%, the EMI for Rs. 20 Lakh mortgage loan in LIC Housing Finance for 10 years is Rs. 24,055.