Ujjivan SFB Home Loan EMI Calculator
Calculate your monthly EMI and amortization on Ujjivan SFB Affordable Housing Loans. Tailored for low-and-middle-income families (LIG/MIG) purchasing their first home, constructing on ancestral land, or home improvement, with support for formal and non-formal income documentation.
Official Rate Formula & Benchmark:
Ujjivan Affordable Housing Loans apply reducing monthly balance interest starting from 8.80% p.a. linked to Ujjivan EBLR. Monthly EMI is derived from E = P * r * (1+r)^n / ((1+r)^n - 1).
Current official starting rate: 8.80% p.a. (Range: 8.80% – 14.50% p.a.).
Ujjivan SFB Home Loan EMI Calculator
Interactive calculation engine using official Ujjivan SFB rates
For 20 years at 8.80% p.a. reducing balance
Yearly Repayment Schedule
| Year | Principal Paid | Interest Paid | Total Paid | Balance |
|---|---|---|---|---|
| Year 1 | ₹57,569 | ₹2,61,715 | ₹3,19,284 | ₹29,42,431 |
| Year 2 | ₹62,845 | ₹2,56,439 | ₹3,19,284 | ₹28,79,586 |
| Year 3 | ₹68,604 | ₹2,50,680 | ₹3,19,284 | ₹28,10,982 |
| Year 4 | ₹74,890 | ₹2,44,394 | ₹3,19,284 | ₹27,36,092 |
| Year 5 | ₹81,753 | ₹2,37,531 | ₹3,19,284 | ₹26,54,339 |
Rate Verification & Official Notice
8.80% p.a.
8.80% – 14.50% p.a.
floating RateUjjivan EBLR
Applicable Conditions & Eligibility Factors:
- Affordable home loans under PMAY guidelines
- Tenures up to 25 years
Source: Ujjivan SFB Housing Loan Scheme
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1Targeted at first-time home buyers in LIG and MIG segments.
- 2Loans up to ₹50 Lakh with repayment tenures up to 25 years.
- 3Underwriting models support both formal and surrogate income documents.
Key Factors Influencing Your Rate
- •PMAY subsidy eligibility for first-time urban home buyers
- •Evaluation of household cash flows for self-employed borrowers
- •Clear property title and sanction plan compliance
Worked Numerical Example: Ujjivan SFB Home Loan EMI Calculator
For a ₹30,00,000 loan at 8.80% p.a. for 20 years (240 months), your monthly EMI is ₹26,607, with total interest of ₹33,85,750.
Frequently Asked Questions: Ujjivan SFB Home Loan EMI Calculator
- Can informal income earners apply?
- Yes, Ujjivan SFB evaluates household cash flows for non-ITR filers.
- What is starting rate?
- Starts from 8.80% p.a.