Axis Bank Home Loan EMI Calculator

Your monthly EMI is

₹87,265

for 6 months

Total Interest

₹23,591


Total Amount

₹5,23,591

Loan Amount
Total Interest

Loan Amount

Min ₹5,000

Max ₹60,00,000

Rate of Interest

Min 6%

Max 36%

Loan Tenure

Min 3 months

Max 72 months

EMI Schedule

Year

Opening balance

Interest

Principal

Closing balance

About Axis Bank

Axis Bank, formerly known as UTI Bank, has its headquarters in Mumbai. Its first branch was opened in Ahmedabad on 2nd April 1994. Now it has 5,100+ domestic branches all across India.

Steps to Apply for a Home Loan

  • 1

    To apply online, log in to the bank's website or app using your credentials

  • 2

    Check your eligibility and upload the required documents

  • 3

    Enter the loan amount you want to apply for and select the tenure from the options provided

  • 4

    Finally, complete the application and click the 'Apply Now' button. You will hear from the bank within 3-5 working days

Factors Affecting Axis Bank Home Loan EMI

Home loans have longer tenures as compared to other loans. Some of the factors that affect home loan EMIs are -
The principal amount and your initial downpayment significantly impact your EMI calculation
The property's market value and appraisal affect loan terms and conditions
Your credit history and score determine eligibility and interest rates
The rate of interest directly affects your monthly EMI amount

Conclusion

Home loans have tenures as long as 20 to 30 years, so you should calculate your EMI before applying for one. Moneyview's Axis Bank home loan EMI calculator lets you know your EMI in minutes. For instant fund requirements, you can check out Moneyview's unsecured personal loans.

Axis Bank Home Loan EMI Calculator - Related FAQs

The documentation requirement for home loans is more than personal loans. You need to submit your PAN card, any proof of identity and address, documents related to your property, etc. Please get in touch with the bank officials to get a detailed list of the documents.
Yes, you can get a home loan with a 30-year tenure. Your tenure will depend on factors like your creditworthiness, debt-to-income ratio, loan amount, etc.

Personal loan related links

Loan on Aadhaar & PAN Card

Personal Loan Interest Rates

Personal Loan Eligibility

Personal Loan Documents

Personal Loan For Self-Employed

Personal Loan for Salaried Employees

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The starting interest rate depends on factors such as credit history, financial obligations, specific lender's criteria and Terms and conditions. Moneyview is a digital lending platform; all loans are evaluated and disbursed by our lending partners, who are registered as Non-Banking Financial Companies or Banks with the Reserve Bank of India.

This article is for informational purposes only and does not constitute financial or legal advice. Always consult with your financial advisor for specific guidance.