Credentials 2BHK
Flat Cost (A) 40,00,000
Down Payment Amount (B) 20% 8,00,000
Bank Loan (80% of Flat Cost) (C=A-B) 320000
Current Home Loan Interest Rate 8.40%
Home Loan Tenure (yrs) 20
EMI ₹ 27,568
* This Calculation is just for the reference purpose only
**PMAY benefit upto Rs. 2.67 Lac also applicable for first time home buyers