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How much is the EMI on a ₹ 80 lakh Home Loan?

The EMI depends on interest rate and tenure. At 8.1%* for 20 years, the EMI is approximately ₹ 67,483 per month.

What is the EMI for a ₹ 80 lakh loan over 5 years?

At 8.70%* p.a. for 5 years, the EMI is around ₹ 1,62,518 per month, with a total interest of about ₹ 17,51,080

How much salary is required for a ₹ 80 lakh Home Loan?

There is no fixed minimum income requirement, but loan approval depends on your income, co-applicant support, and repayment ability.

What will the EMI be for a ₹ 80 lakh Home Loan for 10 years?

For a 10-year tenure at 8.70%* p.a., the EMI would be about ₹ 97,350 per month.

What will the EMI be for a ₹ 80 lakh Home Loan for 20 years?

At 8.70%* interest rate and 20 years tenure, the EMI will be approximately ₹ 67,483 per month.

Can I get a ₹ 80 Lakh Home Loan with a low credit score?

It may be difficult, but not impossible. You may need to add a co-applicant or increase the down payment.

What factors affect the EMI amount for a ₹ 80 Lakh Home Loan?

Interest rate, loan tenure, credit score, income, and repayment history can all affect the EMI amount.

What is the ideal loan tenure for a ₹ 80 Lakh Home Loan to manage EMI?

Longer tenures, like 25 or 30 years, offer lower EMIs but result in higher overall interest. Choose tenure based on your income and repayment capacity.

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