SBI Home Loan Calculator in Hindi: Are you planning to apply for SBI home loan or have already applied for home loan, then let us tell you that before applying for SBI home loan you should calculate your loan EMI.
In this article, we will provide you complete information about SBI Home loan EMI Calculator and also we will get information about loan EMI based on different loan amount, so read this article till the end.
SBI Home Loan Calculator
The full name of EMI is Equated Monthly Installment. Loan EMI is determined by three factors, loan amount, interest rate and loan tenure. The EMI amount is the amount that you have to pay at the time of repayment of the loan.
You can calculate your loan EMI with the help of online SBI home loan EMI calculator by visiting the official website of SBI Bank.
You can calculate your SBI Home Loan EMI to know the amount of installments you will have to pay at the time of loan repayment. You can find the cheapest loan by comparing home loan EMIs from different lenders.
in present time SBI Home Loan Interest Rate 8.55% p.a. starts from
How to calculate EMI with SBI home loan calculator?
You can easily calculate your loan EMI by following the steps given below:
- First of all you have to visit the official website of SBI Home loans homeloans.sbi But have to come.
- On the home page of the website, you will see the option of Calculators, click on it.
- As soon as you click on this link, Home Loan EMI Calculator – SBI will open in front of you, which will look something like this:
- In this calculator you will see three scroll bars as follows:
- 1. Home Loan Amount: This is the loan amount that you take from the bank.
- 2. Loan Tenure: This is the tenure of your loan.
- 3. Interest rate: The interest rate applicable on the home loan.
- In these calculators, you can increase or decrease the number by moving these scroll bars forward or backward.
Calculate EMI:
Suppose you have taken a home loan of Rs. 5 lakhs, for a loan tenure of 5 years and at an interest rate of 9.00%, then you will have to select 5 lakhs in the Home loan amount section in the calculator given above, 5 in Loan tenure 9 has to be selected in the year and interest rate section. After doing this, the EMI of your loan will appear on the right side.
SBI Home Loan Calculator – Different Scenarios
In this section, we will know how much home loan we take, then how much EMI we will have to pay. Here’s what your SBI Home Loan EMI would be like under different scenarios:
If the home loan interest rate is 9.00% per annum then:
| loan amount | 1 year | 2 years | 3 years | 4 years | 5 year |
|---|---|---|---|---|---|
| 5,00,000 | 43,726 | 22,842 | 15,900 | 12,443 | 10,379 |
| 7,00,000 | 61,216 | 31,979 | 22,260 | 17,420 | 14,531 |
| 11,00,000 | 96,197 | 50,253 | 34,980 | 27,374 | 22,834 |
| 13,00,000 | 1,13,687 | 59,390 | 41,340 | 32,351 | 26,986 |
| 16,00,000 | 1,39,922 | 73,096 | 50,880 | 39,816 | 33,213 |
| 20,00,000 | 1,74,903 | 91,369 | 63,599 | 49,770 | 41,517 |
If the home loan interest rate is 11.60% per annum then:
| loan amount | 1 year | 2 years | 3 years | 4 years | 5 year |
|---|---|---|---|---|---|
| 5,00,000 | 44,331 | 23,443 | 16,512 | 13,069 | 11,021 |
| 7,00,000 | 62,063 | 32,821 | 23,117 | 18,297 | 15,430 |
| 11,00,000 | 97,528 | 51,576 | 36,326 | 28,752 | 24,247 |
| 13,00,000 | 1,15,260 | 60,953 | 42,931 | 33,979 | 28,656 |
| 16,00,000 | 1,41,859 | 75,019 | 52,838 | 41,821 | 35,269 |
| 20,00,000 | 1,77,324 | 93,774 | 66,047 | 52,276 | 44,086 |
10 Lakh Home Loan EMI Calculator SBI
Suppose you take a home loan of Rs 10 lakh from SBI Bank and your loan amount Interest rate 12.00% p.a. If so, here’s what your loan EMI would be under different scenarios:
| loan tenure | EMI (Rs) | Total interest payable over the loan tenure | Total payments made during the loan tenure |
|---|---|---|---|
| 2 years | 47073 | 129,763 | 1,129,763 |
| 5 year | 22244 | 334,667 | 1,334,667 |
| 7 years | 17653 | 482,830 | 1,482,830 |
| 10 years | 14347 | 721,651 | 1,721,651 |
| 15 years | 12002 | 1,160,303 | 2,160,303 |
| 20 years | 11011 | 1,642,607 | 2,642,607 |
| 25 years | 10532 | 2,159,672 | 3,159,672 |
| 30 years | 10286 | 2,703,005 | 3,703,005 |
25 Lakh Home Loan EMI Calculator SBI
Suppose you borrow Rs 25 lakh from SBI Bank. Home Loan 12.50% p.a. If you take the rate of interest of your loan according to different circumstances, then the EMI of your loan will be as follows:
| loan tenure | EMI (Rs) | Total interest payable over the loan tenure | Total payments made during the loan tenure |
|---|---|---|---|
| 2 years | 118268 | 338,438 | 2,838,438 |
| 5 year | 56245 | 874,691 | 3,374,691 |
| 7 years | 44803 | 1,263,460 | 3,763,460 |
| 10 years | 36594 | 1,891,285 | 4,391,285 |
| 15 years | 30813 | 3,046,349 | 5,546,349 |
| 20 years | 28404 | 4,316,843 | 6,816,843 |
| 25 years | 27259 | 5,677,656 | 8,177,656 |
| 30 years | 26681 | 7,105,320 | 9,605,320 |
conclusion
In this article we have given you SBI Home loan EMI Calculator Complete information about has been provided. Home loan calculator helps you a lot in taking the loan. If you are facing any problem while calculating your loan, then you can ask us in the comments.