Loan Against Property Calculator
Unlock the hidden value of your assets. Calculate EMIs and eligibility for loans secured by your residential or commercial property.
Property & Loan Details
Estimated Loan: ₹60,00,000
Estimated Monthly EMI
Total Payment
Principal + Interest
Loan Amount
Based on 60% LTV
LAP Insight
Loan Against Property offers lower interest rates than personal loans. Your total interest is 46.8% of the total payment.
Loan Repayment Progress
Yearly Repayment Schedule
| Year | Principal Paid | Remaining Balance |
|---|---|---|
| Year 1 | ₹1,89,972 | ₹58,10,028 |
| Year 2 | ₹3,98,799 | ₹56,01,201 |
| Year 3 | ₹6,28,351 | ₹53,71,649 |
| Year 4 | ₹8,80,685 | ₹51,19,315 |
| Year 5 | ₹11,58,063 | ₹48,41,937 |
| Year 6 | ₹14,62,970 | ₹45,37,030 |
| Year 7 | ₹17,98,139 | ₹42,01,861 |
| Year 8 | ₹21,66,572 | ₹38,33,428 |
| Year 9 | ₹25,71,571 | ₹34,28,429 |
| Year 10 | ₹30,16,765 | ₹29,83,235 |
| Year 11 | ₹35,06,144 | ₹24,93,856 |
| Year 12 | ₹40,44,093 | ₹19,55,907 |
| Year 13 | ₹46,35,431 | ₹13,64,569 |
| Year 14 | ₹52,85,459 | ₹7,14,541 |
| Year 15 | ₹60,00,000 | ₹0 |
Loan Against Property Guide
A Loan Against Property (LAP) is an ideal way to leverage your real estate assets to fund large expenses. Whether it's for business expansion, a child's wedding, or debt consolidation, LAP provides a high-value loan at competitive interest rates.
Benefits of LAP
- Lower Interest Rates: Since it's a secured loan, interest rates are much lower than personal loans or credit cards.
- High Loan Amount: You can get up to 70% of your property's value as a loan.
- Flexible Tenure: Repayment periods can go up to 15-20 years, making EMIs affordable.
- Continued Usage: You can continue to use the property for your residential or business needs while the loan is active.
Property Types
Lenders accept residential houses, flats, commercial shops, and even industrial properties as collateral for LAP.
Safety
Ensure you have clear property titles and all legal documents in place to speed up the loan approval process.