Loan Details

SincePrincipal and Interest are not the only factors of a loan we should include an estimate for other costs involved with a loan.

• Since you are putting down 20% or more of the loan, you will not have to pay PMI.
• An average tax figure for your purchase might be about ₹10.00 for every ₹1,000.00 assessed value per year. If the assessed value of your home is 85%, this would make your home's assessed value ₹4,250,000.00 and your monthly tax around ₹3,541.67
• Homeowners Insurance is another factor of a loan. An average estimate of your monthly insurance could be about ₹56.00

With these factors, your total monthly payment estimate would be around ₹34,609.62.