Home Loan Calculator
Your estimated monthly payment
Rs.
1,796,639
The value is based on Equated Monthly Installment (EMI)
Let us help you for a fast and hassle free loan application
Disclaimer
The values shown above are estimates only. The interest rate applied for the above calculation is the 5 year fixed housing loan interest rate and is subject to the assignment of salary to the bank. The final interest rate will be determined by the bank upon receipt of your supporting documents and evaluation.
FAQs
What is a Mortgage/Home Loan?
A mortgage or home loan is a loan taken out to purchase property or land. Once a mortgage is obtained, the borrower must repay the loan amount along with interest to the lender. If the borrower fails to repay the loan, ownership of the property or land will transfer to the lender
How much can I borrow?
The amount that can be borrowed is ultimately determined by the lender and depends on factors such as your income, other loans you may have, and your current expenses.
What documents do I require to apply for a Home Loan?
Below are some of the documents that banks will request before approving your loan:
- Copy of your National Identity Card (NIC) or Passport
- Last three months' salary slips
- Letter from your employer confirming your personal details
- Bank account statements for the accounts to which your salary was deposited over the last three months
- Details of any other loans you currently have
- Marriage Certificate (for joint applicants)
I have a property that I'm interested in. Will you arrange the purchase for me?
The bank will only facilitate the loan, and you will need to arrange the purchase of the property by directly contacting the property's advertiser or agent. Once the property owner or agent accepts your offer, you can then contact the bank regarding the loan.