Loan Against Property (LAP)
Calculate EMI for Loan Against Property. LAP offers higher loan amounts at slightly higher rates with your property as collateral.
Loan Amount (at 60% LTV)
₹60.00 L
Monthly EMI
₹64,476
Loan Amount
₹60.00 L
Total Interest
₹56.06 L
Total Payment
₹1.16 Cr
Year-by-Year Breakdown
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | 1.82 L | 5.92 L | 58.18 L |
| 2 | 2.01 L | 5.73 L | 56.17 L |
| 3 | 2.22 L | 5.52 L | 53.95 L |
| 4 | 2.45 L | 5.28 L | 51.50 L |
| 5 | 2.71 L | 5.03 L | 48.79 L |
LAP estimate — secured against your property
This calculation is an indicative estimate based on the inputs provided and standard market formulas. Actual loan terms, eligibility, interest rates, processing fees, taxes and total cost will vary by lender, your credit profile, employer category, property type, location and prevailing RBI / bank policies on the day of disbursal.
Loan Against Property is secured by mortgaging your property. Default can result in the lender invoking SARFAESI Act 2002 to take possession and sell the property. Maximum LTV typically 50–65% (lower than home loans because of higher risk). Interest rates 1.5–3% higher than home loan rates. End-use restrictions apply — LAP cannot be used for speculative purposes. Always read the loan agreement and consult a Chartered Accountant or financial advisor before committing your property as collateral.
Before making any borrowing or property-purchase decision, please verify the final numbers with your bank, a SEBI-registered financial advisor, or a qualified Chartered Accountant. GrehYug is not a financial intermediary and does not earn commission on any loan or property transaction.
Need a professional floor plan?
Get a Vastu-compliant floor plan delivered to your WhatsApp in 2 minutes
Try on WhatsApp