Highlights
- Know your home loan EMIs in advance.
- Check whether the EMI is within your budget or not.
With the help of a loan EMI calculator, you can check your monthly installments in advance and hence manage other finances accordingly. Vijaya Bank is among the few banks that offers customer-friendly home loans so that you can enjoy the stay in your home and feel less affected by the EMI payments. Below is an example showing the payment system for default value of home loans. You can change the value to know which combination would be suitable to you.
Loan Amount Interest Rate Tenure(Months) Monthly Instalment (EMI) Total Interest Amount Total Amount (Principal + Interest) Year Principal Interest Balance Amount
Vijaya Bank Home Loan EMI Calculator
Below is an example showing the payments if you get the approval rate as mentioned here. Please note that it is just an example, the exact EMI would depend on the rate you get for your home loan at Vijaya Bank.
Table Showing EMI, Interest Outgo, and Total Repayment Amount EMI, Total Interest Outgo, Total Repayment (Interest + Principal)Loan Amount Interest Rate Tenure Monthly Instalment Total Interest Amount Total Amount ₹ 20,00,000 8.65% 1 ₹ 1,74,579 ₹ 94,942 ₹ 20,94,942 ₹ 20,00,000 8.65% 2 ₹ 91,049 ₹ 1,85,168 ₹ 21,85,168 ₹ 20,00,000 8.65% 3 ₹ 63,274 ₹ 2,77,870 ₹ 22,77,870 ₹ 20,00,000 8.65% 4 ₹ 49,438 ₹ 3,73,042 ₹ 23,73,042 ₹ 20,00,000 8.65% 5 ₹ 41,178 ₹ 4,70,668 ₹ 24,70,668 ₹ 20,00,000 8.65% 6 ₹ 35,705 ₹ 5,70,734 ₹ 25,70,734 ₹ 20,00,000 8.65% 7 ₹ 31,824 ₹ 6,73,219 ₹ 26,73,219 ₹ 20,00,000 8.65% 8 ₹ 28,939 ₹ 7,78,101 ₹ 27,78,101 ₹ 20,00,000 8.65% 9 ₹ 26,716 ₹ 8,85,353 ₹ 28,85,353 ₹ 20,00,000 8.65% 10 ₹ 24,958 ₹ 9,94,945 ₹ 29,94,945 Year Principal Interest Balance Amount 1 ₹ 1,31,631 ₹ 1,67,863 ₹ 18,68,368 2 ₹ 1,43,480 ₹ 1,56,014 ₹ 17,24,887 3 ₹ 1,56,395 ₹ 1,43,099 ₹ 15,68,491 4 ₹ 1,70,473 ₹ 1,29,021 ₹ 13,98,018 5 ₹ 1,85,818 ₹ 1,13,676 ₹ 12,12,200 6 ₹ 2,02,544 ₹ 96,950 ₹ 10,09,656 7 ₹ 2,20,775 ₹ 78,719 ₹ 7,88,880 8 ₹ 2,40,648 ₹ 58,846 ₹ 5,48,231 9 ₹ 2,62,310 ₹ 37,184 ₹ 2,85,921 10 ₹ 2,86,100 ₹ 13,573 ₹ 0