Loan Amount
Up to ₹25 Crore
Loan Tenure
36-180 Months
Interest Rate
Starting at 9.5%* p.a.

Check Your Monthly EMI for Loan Against Property

Turn your property into financial power with confidence using Poonawalla Fincorp’s LAP EMI Calculator. Whether you're planning a Loan Against Property (LAP) or optimising your repayment strategy, our user-friendly tool helps you calculate EMIs instantly, eliminate guesswork, and make informed financial decisions. With precise results and a simple interface, you can plan your tenure wisely and manage your payback schedule stress-free, before you even apply.

Optimize Your Loan Against Property Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹5100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9.5%
15%

Tenure

Months
36 Months
180 Months

How to Use an LAP EMI Calculator?

Here's how you can calculate your monthly EMIs in three simple steps:
1.    Enter the Loan Amount: Enter the amount that you want to borrow.
2.    Select the Interest Rate: Input the interest rate that is expected or offered.
3.    Set the Loan Tenure: Use the slider bar and set it to the number of years in which you would like to repay the loan.
The EMI, including a breakdown of principal and interest costs, will be displayed instantly. This provides you with a better idea of the loan repayment amount.

Benefits of the LAP EMI Calculator

Here are the key benefits:
●    Quick Results: Saves time by providing instant results without any manual effort.
●    Financial Clarity: Helps to know your EMIs in advance to plan your budget better.
●    Comparison Tool: Allows you to explore different loan options by adjusting the tenure, amount, and interest rate to find the most cost-effective plan.
●    Transparency: Gain clear insights into your EMI structure so you’re never caught by surprise.
 

Key Factors Affecting Your LAP EMI

Here are the main factors that help you manage your loan effectively:
●    Loan Amount: The higher you opt for a loan amount, the higher your EMIs will be. Therefore, borrow only what you need.
●    Interest Rate: EMI increases with higher interest rates. Always compare rates before finalising your loan.
●    Loan Tenure: Longer tenures lower your monthly EMI; however, they increase the total interest paid over the loan term. Shorter tenures reduce overall interest; however, they result in higher monthly EMIs.
 

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Frequently Asked Questions

How is the LAP EMI Calculator better than manual EMI calculation?

Manual calculation can be time-consuming and can lead to errors, whereas the LAP EMI Calculator gives you instant and error-free solutions in just a few clicks.

 

Do I have to pay to use the LAP EMI Calculator?

No, the calculator is free to use and can be accessed online at any time.

 

Is it possible to compare different loan tenures using the LAP EMI Calculator?

Yes, you can adjust the tenure slider to see how different durations affect your EMI.

Does the LAP EMI Calculator include processing fees?

No, the calculator only provides results based on the loan amount, interest rate, and tenure. Processing fees and other charges are incurred separately.

Can I use the EMI calculator for a balance transfer of my Loans Against Property?

Yes, the LAP EMI Calculator is helpful for balance transfers of loans, allowing you to easily compare the terms of different lenders and plan your repayments.

How can the LAP EMI Calculator help me with prepayments?

The calculator enables you to estimate how prepaying your loan can reduce your outstanding balance, helping you understand the impact on your EMI or loan tenure, as per your lender’s policy.

Is the LAP EMI Calculator helpful to both Salaried and self-employed people?

Yes, anyone eligible for a Loan Against Property, whether salaried or self-employed, can use the calculator to effectively plan their finances and estimate their EMIs.

Can I use the LAP EMI Calculator on my mobile?

Yes, Poonawalla Fincorp’s LAP EMI Calculator is fully mobile-friendly and can be accessed anytime on your smartphone or tablet for convenient EMI planning.

Will the calculator show how much interest I pay over the loan tenure?

Yes, along with EMIs, the LAP EMI Calculator will also show the breakup of the total interest and principal amount repayable.

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