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# Loan Against Property EMI Calculator

Last Updated 20th Aug 2017

## Factors that determine Loan Against Property EMI Calculator Output

• Loan amount –Higher the loan amount, higher will be the EMI as per loan against property calculator
• Rate of interest –Lower the loan interest rate, lower the EMI.Currently, lowest interest rate on loan against property is 8.50%
• Loan Tenure – Longer the loan tenure, lower the EMI. Generally, tenure for loan against property ranges from minimum 5 years to 18 years
Loan Against Property EMI Calculator
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### Loan Against Property EMI Calculator

• Loan Against Property EMI (or equated monthly instalment) is a fixed amount of money you pay towards repayment of your property loan every month on a fixed day of the month till your loan is fully paid back.
• With now offering loan tenure upto years at attractive interest rates starting is %, your EMI can be as low as Rs. 0 per Rs. one lakh loan amount.
• The Loan Against Property EMI comprises of both principal repayment and interest payment. While the EMI amount remains constant, the interest component of keeps reducing and the principal component keeps increasing, except in case of an increase in interest rate on the loan.

Use the above quick and easy tool to easily calculate and compare monthly EMI on Loan Against Property.