![]() Step 3 : Decide on type of HDFC Bank home loan interest rate offers – HDFC Bank home loan CalculatorĪs you narrow down the list of banks in Step 2 and 3, you need to conduct an interest rate on HDFC Bank home loan comparison of the loan offers of various banks. Shortlist the banks which lend on your chosen property. For resale property, check the approved map plans and ensure that all property registration papers for the complete chain from the first owner to current owner are in place. If you are buying a property from builder, then check for the banks which have approved the projects you have shortlisted. ![]() Step 2 : Check loan approval status and legal documents – HDFC Bank home loan Calculator Once you understand your minimum loan requirement, your eligibility and monthly EMI you can comfortably service, shortlist the banks which offer you maximum loan amount to meet your requirements. EMI is dependent on the loan amount, interest rate and tenure. Your house loan eligibility is calculated based on your age, net income, existing obligations, property type, LTV ratio and other factors. Also calculate the monthly EMI that you can comfortably service given your net take personal salary and other existing fixed obligations including rent and EMIs on other existing loans, if any. Step 1 : Check HDFC Bank home loan and calculate HDFC Bank home loan eligibility – HDFC Bank home loan CalculatorĪs you decide to take a HDFC Bank home loan, always estimate your loan amount eligibility to know the loan amount you will be eligible for and can apply for. Step by step guide before having HDFC Bank home loan: The EMIs double when you opt for 5 years tenure. The cheapest EMI comes with 15-years tenure with loan of 50 Lakh – 50,120.The same will decrease to 35,084 if you increase the tenure to 15 years. The EMI is 72,315 when you avail loan of 35 Lakh for 5 years.Decreasing the tenure to 5 years increases the EMI to 51,654. For a loan of 25 Lakh, the cheapest EMI you can avail with 15 year tenure - 25,060.It decreases to 15,036 if you opt for tenure of 15 years. ![]()
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