Monthly EMI: ₹1,71,671 at 8.35% for 20 years. Total interest: ₹2,12,01,040.
| Year | Principal | Interest | Balance |
|---|
With a ₹2 Crore home loan from Union Bank at 8.35% for 20 years, you will pay a monthly EMI of ₹1,71,671. The total amount payable is ₹4,12,01,040, of which ₹2,12,01,040 is interest.
At 8.35% interest rate for 20 years, the EMI for ₹2 Crore Home Loan from Union Bank is ₹1,71,671 per month. Total interest payable: ₹2,12,01,040.
Union Bank offers Home Loan at 8.35 - 10.75% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹2 Crore at 8.35% for 20 years, you would pay approximately ₹2,12,01,040 as total interest, making the total repayment ₹4,12,01,040.
Union Bank's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.
Union Bank offers competitive rates starting from 8.35 - 10.75% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹2 Crore home loan.