SBIMONEY.IN

Compare and Get lowest EMI on Home Loan, Personal Loan, Car Loan, Credit Cards

Updates on Loans, Credit Cards, Share Prices and more...

28 Feb 2018

SBI Home Loan 40 Lakh EMI Details - Interest Rate @ 8.30%

Compare 40 Lakh SBI Home Loan EMI March 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% - 8.35%
Previous Interest Rate 8.60% - 8.65%
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. 40,00,000 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 Interest Rate Category Total Interest Payable Total Payment
(Principal + Interest)
₹40,00,000 ₹33,842 9.10% Womens ₹61,52,658 ₹1,01,52,658
₹40,00,000 ₹32,479 8.60% Womens ₹57,43,726 ₹97,43,726
₹40,00,000 ₹33,980 9.15% Others ₹61,93,903 ₹1,01,93,903
₹40,00,000 ₹32,614 8.65% Others ₹57,84,326 ₹97,84,326

SBI HOME LOAN AMORTIZATION CALCULATION

Loan Amount : ₹40,00,000

Rate of Interest : 8.60%

Loan Tenure : 25 Years

YEAR PRINCIPAL AMOUNT INTEREST AMOUNT TOTAL PAYMENT OUTSTANDING AMOUNT
2017 ₹ 47,596 ₹ 3,42,153 ₹ 3,89,749 ₹ 39,52,404
2018 ₹ 51,855 ₹ 3,37,894 ₹ 3,89,749 ₹ 39,00,549
2019 ₹ 56,494 ₹ 3,33,255 ₹ 3,89,749 ₹ 38,44,055
2020 ₹ 61,549 ₹ 3,28,200 ₹ 3,89,749 ₹ 37,82,506
2021 ₹ 67,056 ₹ 3,22,693 ₹ 3,89,749 ₹ 37,15,451
2022 ₹ 73,055 ₹ 3,16,694 ₹ 3,89,749 ₹ 36,42,395
2023 ₹ 79,592 ₹ 3,10,157 ₹ 3,89,749 ₹ 35,62,804
2024 ₹ 86,713 ₹ 3,03,036 ₹ 3,89,749 ₹ 34,76,091
2025 ₹ 94,471 ₹ 2,95,278 ₹ 3,89,749 ₹ 33,81,619
2026 ₹ 1,02,924 ₹ 2,86,825 ₹ 3,89,749 ₹ 32,78,695
2027 ₹ 1,12,133 ₹ 2,77,616 ₹ 3,89,749 ₹ 31,66,563
2028 ₹ 1,22,166 ₹ 2,67,584 ₹ 3,89,749 ₹ 30,44,397
2029 ₹ 1,33,096 ₹ 2,56,653 ₹ 3,89,749 ₹ 29,11,301
2030 ₹ 1,45,004 ₹ 2,44,745 ₹ 3,89,749 ₹ 27,66,297
2031 ₹ 1,57,978 ₹ 2,31,771 ₹ 3,89,749 ₹ 26,08,319
2032 ₹ 1,72,113 ₹ 2,17,636 ₹ 3,89,749 ₹ 24,36,206
2033 ₹ 1,87,512 ₹ 2,02,237 ₹ 3,89,749 ₹ 22,48,694
2034 ₹ 2,04,289 ₹ 1,85,460 ₹ 3,89,749 ₹ 20,44,405
2035 ₹ 2,22,567 ₹ 1,67,182 ₹ 3,89,749 ₹ 18,21,837
2036 ₹ 2,42,481 ₹ 1,47,268 ₹ 3,89,749 ₹ 15,79,356
2037 ₹ 2,64,176 ₹ 1,25,573 ₹ 3,89,749 ₹ 13,15,180
2038 ₹ 2,87,813 ₹ 1,01,936 ₹ 3,89,749 ₹ 10,27,367
2039 ₹ 3,13,564 ₹ 76,185 ₹ 3,89,749 ₹ 7,13,804
2040 ₹ 3,41,619 ₹ 48,130 ₹ 3,89,749 ₹ 3,72,184
2041 ₹ 3,72,184 ₹ 17,565 ₹ 3,89,749 ₹ 0



No comments:
Write comments