Get Most Lucrative Loan Against Property Offers At loanbaba.com
While trying to get a loan against property, you would like to know what loan amount the property will offer you. Some factors that affect the loan amount include the percentage of ownership you have in a property, the other EMIs you pay per month and age (60 years for salaried employees and 70 years for self-employed people at the end of loan tenure).
The online loan against property EMI calculator at loanbaba.com helps you to know the repayment amount in seconds. It calculates the monthly EMI amount on the basis of inputs like loan amount, interest rate and loan tenure. The calculator helps you to compare loans on the basis of their interest rates and tenures, and you can know the repayment amounts in advance to avoid any financial instability later.
loanbaba.com ties up with leading banks, financial institutions and NBFCs in India like LIC-HFL, HDFC, ICICI, PNB Housing, Axis Bank, Bajaj Finserv, IIFC, L&T Finance, Kotak and Reliance Capital among others to offer you the widest range of Loans Against Property in India. The truly modern loan platform provides you significant amounts of information, tools and features where you can compare loans easily and choose what’s best for you.
A tentative percentage chart that shows what maximum loan amount you can get for your property
|Commercial property||Residential property|
|Rented- 40%||Rented -55%|
|Self occupied-50%||Self occupied-65%|
The amount may vary from one bank to another from 5% to 10%.