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11 Apr 2018

SBI Home Loan 25 Lakh EMI Details April 2018 - Interest Rate @ 8.30%

Compare 25 Lakhs SBI Home Loan EMI April 2018 - 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.






Lender Name State Bank of India
Product Description Home Loan
Current Interest Rate 8.30% - 8.40%
Previous Interest Rate 8.35% - 8.45%
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. 2500000 and interest rate charged by State Bank of India is 8.30% - 8.45% for 300 months (25 Years) loan tenure. Now a customer have to check ✓ Loan EMI ✓ Total Interest Amount & more. 

Loan Amount Loan EMI Interest Rate Category Total Interest Payable Total Payment
(Principal + Interest)
₹25,00,000 ₹19,795 8.30% Womens ₹34,38,456 ₹59,38,456
₹25,00,000 ₹19,962 8.40% Womens ₹34,88,745 ₹59,88,745
₹25,00,000 ₹19,879 8.35% Others ₹34,63,580 ₹59,63,580
₹25,00,000 ₹20,047 8.45% Others ₹35,13,953 ₹60,13,953

SBI HOME LOAN AMORTIZATION CALCULATION

Loan Amount : ₹25,00,000

Rate of Interest : 8.30%

Loan Tenure : 25 Years


YEAR
PRINCIPAL AMOUNT
INTEREST AMOUNT
TOTAL PAYMENT
OUTSTANDING
2018
₹ 28,507
₹ 1,89,236
₹ 2,17,743
₹ 24,71,493
2019
₹ 33,666
₹ 2,03,872
₹ 2,37,538
₹ 24,37,827
2020
₹ 36,569
₹ 2,00,969
₹ 2,37,538
₹ 24,01,258
2021
₹ 39,722
₹ 1,97,816
₹ 2,37,538
₹ 23,61,535
2022
₹ 43,148
₹ 1,94,391
₹ 2,37,538
₹ 23,18,388
2023
₹ 46,868
₹ 1,90,670
₹ 2,37,538
₹ 22,71,519
2024
₹ 50,910
₹ 1,86,628
₹ 2,37,538
₹ 22,20,609
2025
₹ 55,300
₹ 1,82,238
₹ 2,37,538
₹ 21,65,309
2026
₹ 60,069
₹ 1,77,470
₹ 2,37,538
₹ 21,05,241
2027
₹ 65,248
₹ 1,72,290
₹ 2,37,538
₹ 20,39,992
2028
₹ 70,875
₹ 1,66,663
₹ 2,37,538
₹ 19,69,117
2029
₹ 76,986
₹ 1,60,552
₹ 2,37,538
₹ 18,92,131
2030
₹ 83,625
₹ 1,53,913
₹ 2,37,538
₹ 18,08,506
2031
₹ 90,836
₹ 1,46,702
₹ 2,37,538
₹ 17,17,670
2032
₹ 98,669
₹ 1,38,869
₹ 2,37,538
₹ 16,19,000
2033
₹ 1,07,178
₹ 1,30,361
₹ 2,37,538
₹ 15,11,823
2034
₹ 1,16,420
₹ 1,21,119
₹ 2,37,538
₹ 13,95,403
2035
₹ 1,26,459
₹ 1,11,080
₹ 2,37,538
₹ 12,68,945
2036
₹ 1,37,363
₹ 1,00,175
₹ 2,37,538
₹ 11,31,581
2037
₹ 1,49,208
₹ 88,330
₹ 2,37,538
₹ 9,82,373
2038
₹ 1,62,075
₹ 75,463
₹ 2,37,538
₹ 8,20,298
2039
₹ 1,76,051
₹ 61,487
₹ 2,37,538
₹ 6,44,247
2040
₹ 1,91,232
₹ 46,306
₹ 2,37,538
₹ 4,53,015
2041
₹ 2,07,722
₹ 29,816
₹ 2,37,538
₹ 2,45,293
2042
₹ 2,25,634
₹ 11,904
₹ 2,37,538
₹ 19,659
2043
₹ 19,659
₹ 136
₹ 19,795
₹ 0

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