- ₹1L
- 2cr 4cr 6cr 8Cr
- ₹10Cr
- 1% 5% 10% 15% 20%
- 12 month
- 180 months
Your Monthly EMI is ₹13,432
Loan Against Property Amortization Schedule
Below Loan Against Property Amortization table illustrates how much goes towards principal and interest over time. It is based on the inputs selected in the calculator above.
How to Use ICICI Bank Loan Against Property Calculator
You don’t need manual calculations, when an online calculator helps you arrive at an exact figure. Simply use the Loan Against Property calculator. To use the Mortgage loan calculator, you need to fill the loan amount, loan tenure and interest rate. With the help of these factors, you can determine your LAP eligibility and get error-free results, in an instant.
Mortgage Loan Calculator Benefits
Mortgage Loan Related Videos
Loan Against Property EMI Calculator FAQs
What is a Mortgage Loan Calculator?
A Loan Against Property EMI calculator is a financial tool that helps you to determine your EMI based on your loan amount, interest rate and tenure. It simplifies the loan planning process, making it easier to manage your finances.
How much loan amount can I get against my property?
The loan amount against your property depends on factors such as the property's market value, the lender's policies, your income and creditworthiness. Generally, you can get a loan ranging from 50% to 75% of your property's current market value.
What is the formula to calculate the EMI of a Loan Against Property?
The formula to calculate the EMI of a Loan Against Property is:
EMI = [P x R x (1+R)^N] / [(1+R)^N - 1]
Where:
- P is the principal loan amount
- R is the monthly interest rate
- N is the number of monthly instalments
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