Step Up Eligibility Calculator

Do you have an existing Home Loan?

You are not eligible for Step Up Home Loan since you already have a Home Loan.

Gross Monthly
Salary

500

₹0

20L

EMI of your any other
existing loan

5000

0

20L

Interest Rate
of Home Loan (%)

6.7

4

15

Required Tenure
(in Months)

240

12

240

Primary period*
(In Months)

36

12

36
Calculate

  • Step Up Home Loan Eligibility

     

    ₹38,60,456

  • Primary period* monthly payment

     

    ₹20,861

  • Secondary period^ monthly payment

     

    ₹30,730

  • Normal Home Loan eligibility

     

    ₹33,00,791

  • Higher Eligibility you

    get compared to normal Home Loan

    17%

*Primary Period: Instalments to cover only the interest component &

^Secondary Period (balance term) : Instalments to be the EMI as calculated on Principal outstanding

Give missed call on 9022499400

Note: Daily interest will be calculated on the principal outstanding minus the balance amount. However, if the balance amount is greater than the principal outstanding then balance amount will be capped upto the outstanding principal and accordingly the interest will be calculated. At any given point of time interest benefit will not be available on the balance amount deposited over and above the outstanding principal.