Home loan
Home loans compared on the thing that matters: total cost over 20 years.
Loans from ₹5 lakh to ₹5 crore for buying, building or transferring a home loan, from banks and housing finance companies. We are completing lender integrations for this category; you can run the numbers now and register to be told when applications open.
- Amount
- ₹5 lakh – ₹5 crore
- Rate p.a.
- 8.25% – 11.5%
- Tenure
- 5 years – 30 years
Home loan EMI
Indicative- Principal
- ₹40,00,000
- Total interest
- ₹44,83,623
- Total you repay
- ₹84,83,623
- Interest as % of loan
- 112%
Reducing-balance method, rate held constant. Your lender's EMI will differ with its exact rate, processing fee and disbursal date.
Key facts
What a home loan looks like in 2026.
Category-level ranges across our partners. Each lender's own numbers are shown before you apply, with the date they last confirmed them.
- Loan amount
- ₹5 lakh – ₹5 crore
- Interest rate
- 8.25% – 11.5% p.a., mostly floating
- Tenure
- 5 – 30 years
- Loan-to-value
- Up to 90% for loans under ₹30 lakh; 75% – 80% above ₹75 lakh
- Processing fee
- 0.25% – 1%, often capped; waivers are common during offers
- Prepayment
- No charge on floating-rate loans to individuals
Who can apply
Lenders' usual criteria
- Salaried applicants with 2+ years of work history, or self-employed with 3+ years and filed ITRs
- Aged 21 to 65 – 70 at loan maturity depending on the lender
- Property with a clear title in a lender-approved project or area
- A co-applicant (spouse, parent) can be added to increase eligibility
Documents
What the lender will ask for
- PAN, Aadhaar and a passport-size photograph for each applicant
- Salary slips and Form 16 for 2 years, or 3 years' ITR with financials
- Last 6 – 12 months' bank statements
- Property papers: agreement to sell, builder NOC or allotment letter, approved plan, chain of title
- Proof of own contribution (the part not funded by the loan)
LoanKard does not collect these. The lender requests them in its own system after you are matched.
Read the fine print for you
Fees that change the real cost.
The advertised rate is rarely the whole story. These are the lines we would check on any home loan offer.
Floating rates are repo rate plus a spread. The spread is what you negotiate; it stays with you for the life of the loan.
Valuation and legal verification are charged separately by some lenders — ask for the full list.
Moving a loan involves fresh processing, stamp duty on the mortgage deed and MOD charges. Worth it only if the rate gap is 0.5% or more with years left.
Questions
Home loan FAQs
Why can't I apply for a home loan yet?
Home-loan lenders certify integrations more slowly than personal-loan lenders do. We list a category only when at least one partner can accept applications through a live API and return real status updates. Leave your details and we will write to you when that is done.
Fixed or floating?
Nearly all Indian home loans are floating, linked to the repo rate. Fixed-rate products exist but are priced 1% – 2% higher and often convert to floating after a few years.
How much tenure should I take?
Longer tenure means a smaller EMI but far more interest. On ₹40 lakh at 8.75%, 20 years costs about ₹44.8 lakh in interest; 30 years costs about ₹73 lakh. Use the calculator and look at the total, not just the EMI.