SBI Home Loan 45 Lakh EMI Details – Interest Rate @ 8.30%

0
9
SBI Home Loan 45 Lakh EMI Details March 2018 – Interest Rate @ 8.30% – It’s first time ever interest rate slashed on home loan by State Bank of India from 8.35% to 8.30%. Now a customer have to check & Compare home loan emi on the premise of ✓ Loan Amount ✓ Interest Rate ✓ Tenure & more.

(adsbygoogle = window.adsbygoogle || []).push({});

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. 45,00,000 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 ₹
₹45,00,000 38,072 9.10% Womens 69,21,740 1,14,21,740
₹45,00,000 36,539 8.60% Womens 64,61,691 1,09,61,691
₹45,00,000 38,227 9.15% Others 69,68,141 1,14,68,141
₹45,00,000 36,691 8.65% Others 65,07,367 1,10,07,367

SBI HOME LOAN AMORTIZATION CALCULATION

Loan Amount : ₹45,00,000

Rate of Interest : 8.60%

Loan Tenure : 25 Years

YEAR PRINCIPAL AMOUNT INTEREST AMOUNT TOTAL PAYMENT OUTSTANDING AMOUNT
2017 ₹ 53,546 ₹ 3,84,922 ₹ 4,38,468 ₹ 44,46,454
2018 ₹ 58,336 ₹ 3,80,131 ₹ 4,38,468 ₹ 43,88,118
2019 ₹ 63,556 ₹ 3,74,912 ₹ 4,38,468 ₹ 43,24,562
2020 ₹ 69,242 ₹ 3,69,225 ₹ 4,38,468 ₹ 42,55,320
2021 ₹ 75,438 ₹ 3,63,030 ₹ 4,38,468 ₹ 41,79,882
2022 ₹ 82,187 ₹ 3,56,280 ₹ 4,38,468 ₹ 40,97,695
2023 ₹ 89,541 ₹ 3,48,927 ₹ 4,38,468 ₹ 40,08,154
2024 ₹ 97,552 ₹ 3,40,916 ₹ 4,38,468 ₹ 39,10,602
2025 ₹ 1,06,280 ₹ 3,32,187 ₹ 4,38,468 ₹ 38,04,322
2026 ₹ 1,15,789 ₹ 3,22,678 ₹ 4,38,468 ₹ 36,88,532
2027 ₹ 1,26,149 ₹ 3,12,318 ₹ 4,38,468 ₹ 35,62,383
2028 ₹ 1,37,436 ₹ 3,01,031 ₹ 4,38,468 ₹ 34,24,947
2029 ₹ 1,49,733 ₹ 2,88,735 ₹ 4,38,468 ₹ 32,75,214
2030 ₹ 1,63,130 ₹ 2,75,338 ₹ 4,38,468 ₹ 31,12,084
2031 ₹ 1,77,725 ₹ 2,60,742 ₹ 4,38,468 ₹ 29,34,359
2032 ₹ 1,93,627 ₹ 2,44,841 ₹ 4,38,468 ₹ 27,40,732
2033 ₹ 2,10,951 ₹ 2,27,517 ₹ 4,38,468 ₹ 25,29,781
2034 ₹ 2,29,825 ₹ 2,08,642 ₹ 4,38,468 ₹ 22,99,955
2035 ₹ 2,50,388 ₹ 1,88,079 ₹ 4,38,468 ₹ 20,49,567
2036 ₹ 2,72,791 ₹ 1,65,677 ₹ 4,38,468 ₹ 17,76,776
2037 ₹ 2,97,198 ₹ 1,41,269 ₹ 4,38,468 ₹ 14,79,578
2038 ₹ 3,23,789 ₹ 1,14,678 ₹ 4,38,468 ₹ 11,55,788
2039 ₹ 3,52,759 ₹ 85,708 ₹ 4,38,468 ₹ 8,03,029
2040 ₹ 3,84,321 ₹ 54,146 ₹ 4,38,468 ₹ 4,18,708
2041 ₹ 4,18,708 ₹ 19,760 ₹ 4,38,468 ₹ 0

LEAVE A REPLY

Please enter your comment!
Please enter your name here