Fullerton India Credit Co. Ltd. is Now SMFG India Credit Co. Ltd.

Property Loan Calculator

12 Months180 Months

Your Calculated EMI*


Disclaimer The above calculator with graph & below table provide an approximate calculation of the EMI ( Equ... Read More

With our Loan Against Property, what you see is exactly what you get. We offer complete transparency in our procedures so that you know exactly how much you need to pay every month.

Our Loan Against Property EMI calculator helps you determine the EMIs (Equated Monthly Instalments) associated with your loan amount to help you plan your finances better.

While considering your application, we take into account your current financial commitments and income to calculate the loan amount and EMIs. Our smart calculator factors in interest rate, repayment tenure, and loan amount to arrive at your EMI amount within seconds. You can simply adjust the sliders to customise your results in different scenarios.

What is an EMI?

An EMI is the amount you will pay every month for the tenure of your loan. It comprises of the principal amount and the interest charged on the sum you are borrowing.

How to use Loan Against Property EMI Calculator?

Our EMI calculator is super easy to use! All you need to do is enter the tenure, rate of interest, and total loan amount. With these three quick steps, you can determine your EMI amount in seconds. Here is a step-by-step guide for using the calculator:

  • Select the loan amount. You can select up to `5 cr.
  • Next, select the tenure for the loan. For Loan Against Property, you can choose a repayment tenure of up to 15 years.
  • Use the ‘Rate of Interest’ tab to choose a rate of up to 24%.

Your EMI amount can now be seen on the right-hand side of the screen. If you feel that the EMI is on the higher side, you can make adjustments to the result by changing the tenure and amount.

Example: You require a loan against property for `50 Lakhs with a repayment tenure of 5 years. Set the slider at `50 Lakhs in ‘Loan Amount’. Next, choose ‘5’ years on ‘Loan Tenure’. Then, select the rate of interest in the ‘Rate of Interest’ box. You can use the EMI calculator as many times you want, so that you can arrive at your best option!

Benefits of SMFG India Credit's Loan Against Property EMI Calculator

It's smart, simple and free! You can use the calculator as many times as required at no cost. Moreover, you can access the EMI calculator online anytime, from any device.

It's completely transparent! Our property loan calculator provides instant results for the overall costs associated with the borrowing. It accounts for processing fees and taxes to ensure complete transparency and help you plan your finances to the last rupee.

It's real! Manual calculations create room for human error. The resulting amount could be misleading and confusing with real-world financial planning implications. With the online calculator, you can use multiple variations and get realistic results each time.

Have questions? Need help? Speak with our support team today at our nearest branch or on phone, email, or chat.

Page also available inहिन्दी - Hindi


How does a loan against property EMI calculator/ mortgage loan calculator work?

To use the calculator, select the loan amount (up to INR 5 crores), choose a repayment tenure (up to 15 years), set the rate of interest (up to 24%), and the EMI amount will be displayed on the screen.

Do I have to pay to get results on the Loan against the property EMI calculator?

No, our smart loan against property EMI calculator is free to use.

What are the details that I need to enter in a LAP EMI calculator?

The only details you need to enter are the total loan amount, tenure, and rate of interest.

How is EMI for loan against property calculated?

The EMI for a loan against property is calculated using this formula: P X R X (1+R)^N / [(1+R)^N-1], where “P” is the principal loan amount, “N” is tenure in months, and “R” is the prevailing interest rate.

What interest rate should I put in a Mortgage Calculator?

You can choose an interest rate of up to 24%.

Is it necessary to have all the loan details before using the Loan Against Property EMI Calculator?

You need to have the following loan details: the total loan amount, repayment tenure, and rate of interest.

Can I change the loan tenure or interest rate while using the Loan Against Property EMI Calculator?

Yes, you can adjust the sliders to change the loan tenure and interest rate and see results instantly.

How often should I use the Loan Against Property EMI Calculator?

You can use this calculator whenever you need to efficiently plan your finances and understand the EMI implications of different loan scenarios.

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* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.

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