Monthly EMI: ₹30,818 at 8.7% for 20 years. Total interest: ₹38,96,320.
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With a ₹35 Lakh home loan from Federal Bank at 8.7% for 20 years, you will pay a monthly EMI of ₹30,818. The total amount payable is ₹73,96,320, of which ₹38,96,320 is interest.
At 8.7% interest rate for 20 years, the EMI for ₹35 Lakh Home Loan from Federal Bank is ₹30,818 per month. Total interest payable: ₹38,96,320.
Federal Bank offers Home Loan at 8.70 - 10.60% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹35 Lakh at 8.7% for 20 years, you would pay approximately ₹38,96,320 as total interest, making the total repayment ₹73,96,320.
Federal Bank's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
Federal Bank offers competitive rates starting from 8.70 - 10.60% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹35 Lakh home loan.