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16 Mar 2017

SBI Home Loan 80 Lakh EMI Calculator - Interest Rate @ 8.60% - 8.65%

SBI Home Loan 80 Lakh EMI Calculator - Interest Rate @ 8.60% - 8.65% - It's first time ever interest rate slashed on home loan by State Bank of India from 9.10%-9.15% to 8.60%-8.65%. Now a customer have to check & Compare home loan emi on the premise of ✓ Loan Amount ✓ Interest Rate ✓ Tenure & more.
Compare 80 Lakh Home Loan EMI after rate slashed by State Bank of India in January 2017

Lender Name State Bank of India
Product Description Home Loan
Current Interest Rate 8.60% - 8.65%
Previous Interest Rate 9.10% - 9.15%
Current 1 Year MCLR 8.00%
Previous 1 Year MCLR 8.90%
Official Website www.sbi.co.in


Now if a customer apply for home loan for an amount Rs. 80,00,000 and interest rate charged by State Bank of India is 8.60% for 300 months (25 Years) loan tenure. Now a customer have to change ✓ Loan EMI ✓ Total Interest Amount & more. 
Loan Amount Loan EMI in ₹ Interest Rate Category Total Interest Payable in ₹ Total Payment
(Principal + Interest) in ₹
₹80,00,000 67,684 9.10% Womens 1,23,05,316 2,03,05,316
₹80,00,000 64,958 8.60 % Womens 1,14,87,451 1,94,87,451
₹80,00,000 67,959 9.15% Others 1,23,87,807 2,03,87,807
₹80,00,000 65,229 8.65% Others 1,15,68,652 1,95,68,652

SBI HOME LOAN 80 LAKH @ 8.60% AMORTIZATION CALCULATION

Loan Amount : ₹80,00,000

Rate of Interest : 8.65 %

Loan Tenure : 25 Years

YEAR PRINCIPAL AMOUNT INTEREST AMOUNT TOTAL PAYMENT OUTSTANDING AMOUNT
2017 ₹ 95,192 ₹ 6,84,306 ₹ 7,79,498 ₹ 79,04,808
2018 ₹ 1,03,709 ₹ 6,75,789 ₹ 7,79,498 ₹ 78,01,099
2019 ₹ 1,12,988 ₹ 6,66,510 ₹ 7,79,498 ₹ 76,88,110
2020 ₹ 1,23,098 ₹ 6,56,400 ₹ 7,79,498 ₹ 75,65,013
2021 ₹ 1,34,111 ₹ 6,45,387 ₹ 7,79,498 ₹ 74,30,901
2022 ₹ 1,46,111 ₹ 6,33,387 ₹ 7,79,498 ₹ 72,84,791
2023 ₹ 1,59,183 ₹ 6,20,315 ₹ 7,79,498 ₹ 71,25,607
2024 ₹ 1,73,426 ₹ 6,06,072 ₹ 7,79,498 ₹ 69,52,181
2025 ₹ 1,88,943 ₹ 5,90,555 ₹ 7,79,498 ₹ 67,63,238
2026 ₹ 2,05,848 ₹ 5,73,650 ₹ 7,79,498 ₹ 65,57,391
2027 ₹ 2,24,266 ₹ 5,55,233 ₹ 7,79,498 ₹ 63,33,125
2028 ₹ 2,44,331 ₹ 5,35,167 ₹ 7,79,498 ₹ 60,88,794
2029 ₹ 2,66,192 ₹ 5,13,306 ₹ 7,79,498 ₹ 58,22,602
2030 ₹ 2,90,009 ₹ 4,89,489 ₹ 7,79,498 ₹ 55,32,594
2031 ₹ 3,15,956 ₹ 4,63,542 ₹ 7,79,498 ₹ 52,16,637
2032 ₹ 3,44,226 ₹ 4,35,272 ₹ 7,79,498 ₹ 48,72,412
2033 ₹ 3,75,024 ₹ 4,04,474 ₹ 7,79,498 ₹ 44,97,388
2034 ₹ 4,08,578 ₹ 3,70,920 ₹ 7,79,498 ₹ 40,88,809
2035 ₹ 4,45,135 ₹ 3,34,363 ₹ 7,79,498 ₹ 36,43,675
2036 ₹ 4,84,962 ₹ 2,94,536 ₹ 7,79,498 ₹ 31,58,713
2037 ₹ 5,28,352 ₹ 2,51,146 ₹ 7,79,498 ₹ 26,30,360
2038 ₹ 5,75,625 ₹ 2,03,873 ₹ 7,79,498 ₹ 20,54,735
2039 ₹ 6,27,128 ₹ 1,52,370 ₹ 7,79,498 ₹ 14,27,607
2040 ₹ 6,83,238 ₹ 96,260 ₹ 7,79,498 ₹ 7,44,369
2041 ₹ 7,44,369 ₹ 35,129 ₹ 7,79,498 ₹ 0



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