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Home loan

The cheapest money most people ever borrow.

Twenty to thirty years of secured debt against a roof. The rate matters, but the tenure decides what it actually costs you.

Overview Eligibility Documents EMI calculator FAQs
A residential property, the asset a home loan is secured against
Who it suits

Home Loan, in one paragraph.

Anyone buying, constructing or renovating a residential property who can fund the balance 10–25% themselves. Because the property secures the loan, this is the lowest rate on the retail menu — and the longest commitment.

  • Salaried applicants with 2+ years of continuous employment.
  • Self-employed applicants with 3 years of filed ITRs.
  • Co-applicants are common and usually raise the sanctioned amount.
  • Women borrowers or co-owners may get a small rate concession.
Key parameters

The numbers that shape the offer.

8.35–10.5% Indicative rate p.a., reducing balance
75–90% Loan-to-value most lenders will fund
Up to 30 yrs Tenure, subject to your age at maturity

Indicative only, sourced from public lender information as of July 2026. Your actual rate, tenure and sanctioned amount are set by the lender based on your profile.

Eligibility & documents

What you need before you apply.

Most rejections at this stage are paperwork failures, not credit failures.

Eligibility criteria

  • Age 21 at application, loan closing before 60–70 depending on lender.
  • Bureau score of 700+, with 750+ opening the better slabs.
  • Total EMIs after this loan under roughly 50–60% of net income.
  • Property with a clear, marketable title and approved building plan.
  • Minimum income thresholds vary sharply by city and lender.

Documents required

  • PAN, Aadhaar and passport-size photographs of all applicants.
  • Last 6 months of bank statements for the salary or business account.
  • Salaried: 3 months of payslips and Form 16 for 2 years.
  • Self-employed: 3 years of ITRs, audited financials and GST returns.
  • Sale agreement, allotment letter or title chain for the property.
  • Approved building plan and latest property tax receipt.
EMI calculator

See the monthly number before you commit.

Move the sliders. Nothing is submitted; this runs entirely in your browser.

₹

₹5 lakh to ₹10 crore

%

7% to 15%. Your actual rate depends on lender and profile

Yr

1 to 30 years

Monthly EMI ₹0

Share of total payable that is principal versus interest
Principal
₹0
Total interest
₹0
Total payable
₹0

Indicative only, on a reducing-balance basis. Excludes processing fees, insurance and statutory charges. KredExperts does not set rates; final terms come from the lender.

Home Loan FAQs

The questions that come up first.

How much of the property value will a lender fund?

Typically 75–90%, banded by ticket size — the highest LTVs apply to smaller loans and taper as the amount rises. The balance, plus stamp duty and registration, is your own contribution. Stamp duty is generally excluded from the funded value, which surprises most first-time buyers.

Should I take the longest tenure available?

A longer tenure lowers the EMI and raises the total interest, often dramatically. On a ₹50 lakh loan at 8.5%, moving from 20 to 30 years cuts the EMI by roughly a fifth but adds well over ₹30 lakh of interest across the life of the loan. Borrow long only if the cash flow genuinely requires it.

Fixed or floating rate?

Most Indian home loans are floating, linked to an external benchmark such as the repo rate, and reprice as it moves. Fixed-rate options exist but are priced higher and often revert to floating after a few years. Read which benchmark your loan is linked to — it is the single most consequential line in the sanction letter.

Can I prepay without a penalty?

On floating-rate home loans to individual borrowers, the RBI does not permit foreclosure charges or prepayment penalties. Fixed-rate loans can carry them. Prepaying early in the tenure, when the interest component of each EMI is highest, saves the most.

What tax benefit do I get?

Under the old tax regime, interest is deductible up to ₹2 lakh a year on a self-occupied property under Section 24(b), and principal repayment counts toward the ₹1.5 lakh Section 80C limit. The new regime removes most of this. General information only — confirm with your CA.

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