SBI Home Loan 35 Lakh EMI Details – Interest Rate @ 8.30%

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Compare 35 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.

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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. 35,00,000 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)
₹35,00,000 ₹29,612 9.10% Womens ₹53,83,576 ₹88,83,576
₹35,00,000 ₹28,419 8.60% Womens ₹50,25,760 ₹85,25,760
₹35,00,000 ₹29,732 9.15% Others ₹54,19,665 ₹89,19,665
₹35,00,000 ₹28,538 8.65% Others ₹50,61,285 ₹85,61,285

SBI HOME LOAN AMORTIZATION CALCULATION

Loan Amount : ₹35,00,000

Rate of Interest : 8.60%

Loan Tenure : 25 Years

YEAR PRINCIPAL AMOUNT INTEREST AMOUNT TOTAL PAYMENT OUTSTANDING AMOUNT
2017 ₹ 41,647 ₹ 2,99,384 ₹ 3,41,030 ₹ 34,58,353
2018 ₹ 45,373 ₹ 2,95,658 ₹ 3,41,030 ₹ 34,12,981
2019 ₹ 49,432 ₹ 2,91,598 ₹ 3,41,030 ₹ 33,63,548
2020 ₹ 53,855 ₹ 2,87,175 ₹ 3,41,030 ₹ 33,09,693
2021 ₹ 58,674 ₹ 2,82,357 ₹ 3,41,030 ₹ 32,51,019
2022 ₹ 63,923 ₹ 2,77,107 ₹ 3,41,030 ₹ 31,87,096
2023 ₹ 69,643 ₹ 2,71,388 ₹ 3,41,030 ₹ 31,17,453
2024 ₹ 75,874 ₹ 2,65,157 ₹ 3,41,030 ₹ 30,41,579
2025 ₹ 82,662 ₹ 2,58,368 ₹ 3,41,030 ₹ 29,58,917
2026 ₹ 90,058 ₹ 2,50,972 ₹ 3,41,030 ₹ 28,68,858
2027 ₹ 98,116 ₹ 2,42,914 ₹ 3,41,030 ₹ 27,70,742
2028 ₹ 1,06,895 ₹ 2,34,136 ₹ 3,41,030 ₹ 26,63,847
2029 ₹ 1,16,459 ₹ 2,24,571 ₹ 3,41,030 ₹ 25,47,388
2030 ₹ 1,26,879 ₹ 2,14,152 ₹ 3,41,030 ₹ 24,20,510
2031 ₹ 1,38,231 ₹ 2,02,800 ₹ 3,41,030 ₹ 22,82,279
2032 ₹ 1,50,599 ₹ 1,90,432 ₹ 3,41,030 ₹ 21,31,680
2033 ₹ 1,64,073 ₹ 1,76,957 ₹ 3,41,030 ₹ 19,67,607
2034 ₹ 1,78,753 ₹ 1,62,277 ₹ 3,41,030 ₹ 17,88,854
2035 ₹ 1,94,746 ₹ 1,46,284 ₹ 3,41,030 ₹ 15,94,108
2036 ₹ 2,12,171 ₹ 1,28,860 ₹ 3,41,030 ₹ 13,81,937
2037 ₹ 2,31,154 ₹ 1,09,876 ₹ 3,41,030 ₹ 11,50,783
2038 ₹ 2,51,836 ₹ 89,194 ₹ 3,41,030 ₹ 8,98,947
2039 ₹ 2,74,368 ₹ 66,662 ₹ 3,41,030 ₹ 6,24,578
2040 ₹ 2,98,917 ₹ 42,114 ₹ 3,41,030 ₹ 3,25,661
2041 ₹ 3,25,661 ₹ 15,369 ₹ 3,41,030 ₹ 0

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