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Lap Loan Emi Calculator

Loan Against Property Loan EMI Calculator

Loan AmountRs. 2000000




Interest Rate1%


Your EMI is Rs. 0


Total Interest



Principal Amount


View Repayment Schedule Apply Now

Repayment schedule


What is a Loan Against Property EMI Calculator?

The Loan Against Property EMI Calculator is an online tool that calculates your loan against property EMI based on the information you provide. The Bajaj Housing Finance Loan Against Property eligibility criteria are easy to meet, but a loan application that plays to your repayment strength will work in your favour and can ensure speedy approval.

Here are some ways in which the calculator tool helps your Loan Against Property application:

  • Accurate Calculations: The Loan Against Property EMI calculator tool helps you with accurate EMI calculations without errors.

  • Instant Results: It may take you longer to compute the results by using the EMI formula, however, by using the tool, you can get accurate results in no time.

  • Repayment Schedule: When you adjust the EMI parameters (principal amount, tenor, and interest rate) based on your financial needs, you can also assess if the projected EMI will fit your repayment capacity. The tool lets you tweak your loan particulars as numerous times, till you arrive at your ideal Loan Against Property EMI. Using this, you can prepare a repayment schedule and tailor your loan application accordingly.

  • Easy Availability: The calculator tool is readily available online and is free to use for all.

With the Bajaj Housing Finance Loan Against Property EMI Calculator, you can have more foresight in planning your Loan Against Property repayment more efficiently.

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What Factors Affect Loan Against Property EMI Calculations?

The three important factors that have an impact on the Loan Against Property EMI are:

  • Principal Loan Amount: Since the EMI you pay are portions of the total repayment amount, the original principal amount determines the size of your EMIs. Higher the loan amount, larger your EMI can be.
  • Loan Repayment Tenor: The time you take to repay the full loan amount also plays a role in deciding how much pay as an EMI. Borrowers with shorter repayment tenors pay bigger EMIs, while a longer tenor can mean smaller EMIs. Note that a smaller EMI amount does not necessarily save on your total interest outflow.
  • Interest Rate: The interest rate on your Loan Against Property is one of the most critical factors to consider while calculating your EMI. If your interest rate is high, your EMIs may become more expensive.

Salaried, professional, and self-employed applicants can borrow the Bajaj Housing Finance Loan Against Property at competitive rates by enhancing the loan application with the help of the EMI Calculator tool.

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Advantages of Using a Loan Against Property Calculator?

The loan against property EMI calculator by Bajaj Housing Finance is a free tool that allows users to calculate accurate EMIs on LAP (Loan Against Property). It is an online tool that helps one calculate their monthly instalment quickly and plan finances better.

Here are some of the benefits of using the Bajaj Housing Finance LAP EMI calculator:

  • Quick Results: Know your EMI amount within seconds
  • Easy-to-Use: The Bajaj Housing Finance LAP EMI calculator is a simple tool that almost anyone can use
  • Different Combinations: Use the LAP calculator to test different combinations of the principal loan amount, tenor, and rate of interest, and reach a monthly instalment amount that suits your budget
  • 24*7 Availability: Bajaj Housing Finance’s LAP EMI calculator is available 24*7 and can be accessed on the BHFL website from any location.

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Mortgage Calculator Formula

Calculating the EMIs of a LAP manually is a challenging task as the calculation is lengthy and there are high chances of errors. Therefore, use our mortgage calculator to arrive at an accurate EMI amount instantly. The mortgage loan EMI calculator uses the following formula:

EMI = [P x R x (1+R) ^N]/[(1+R) ^N-1]

In this formula:

  • P stands for the principal amount of loan one borrows
  • R stands for the applicable rate of interest
  • N is for loan tenor or the number of EMIs to be paid

What are the Frequently Asked Questions about the Loan Against Property Calculator?_wc

Loan Against Property EMI Calculator: FAQs

The LAP EMI Calculator tool is an online tool that aids your Loan Against Property EMI calculations. Manual calculations are more prone to errors, and hence, the online tool is a sure-shot way of ensuring accurate EMI calculations.

The EMI amount is a fixed sum of money you pay back to your lender till the borrowed amount is repaid with interest. The EMIs are paid over the course of the repayment tenor. It comprises of two components – principal loan amount and the interest accrued.

The process to use the Bajaj Housing Finance Loan Against Property Calculator is easy and hassle-free:

  1. Select the principal amount you wish to borrow

  2. Select the tenor you want to opt for

  3. Select the rate of interest 

The calculator will then show you the total interest payable, the tentative EMI amount and the total repayment amount.

Bajaj Housing Finance offers sizeable loans against property worth Rs. 5 Crore* or even higher, basis eligibility. We ask for minimal documentation and disburse the loan amount within 72 hours* of document verification and approval.

*Terms and conditions


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