I was planning to get my house renovated and for that I was in need of a home loan. To know about the Rs. 22000 salary home loan amount I started doing some research. While researching I came across NoBroker’s Home Loan eligibility calculator and with its help, I was able to calculate the exact amount, which was 12.99 Lakhs. Here is how I calculated the amount.
What is the Home Loan for 22000 Salary?
The amount I mentioned above was calculated at an interest rate of 8.4% p.a for 30 years. To start the calculation you need to visit the
NoBroker Home Loan Service page. Following that, here are the steps that I followed.
After visiting the page scroll down to locate the eligibility calculator and click on it.
Next, enter your monthly income as Rs. 22,000.
Following that, choose your rate of interest. I used 8.4% but you can use the rate that suits you.
Finally, choose your loan tenure area of 30 years,
This is it. Now, the loan amount would be displayed right below the Loan Tenure section. I find using this calculator over calling the bank and waiting for an executive to calculate and provide me with an answer. Hope your query about how much home loan can I get on 22000 salary has been answered.
Avail Home Loan Services from NoBroker Without Paying Any Fees Read MoreHow much home loan can I get on 25000 salary?
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Authors Of The Question
How Much Home Loan Can I Get on 22000 Salary?
Monica
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1 Answers
2 months
2024-10-01T10:47:31+00:00 2024-10-01T10:47:32+00:00Comment
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