Loan Against Property EMI Calculator
A loan against property is secured borrowing against residential or commercial property you already own. Because the lender holds collateral, rates sit well below unsecured business or personal loans and tenures run much longer, which together make the EMI substantially lower for the same amount.
Monthly EMI
₹50,684
₹50 Lakh at 8.99% for 15 years
Interest is 82% of the amount borrowed over this tenure.
Year-by-year repayment schedule
How each year splits between interest and principal. Early years are mostly interest, which is why prepaying early saves so much more than prepaying late.
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | ₹1,65,408 | ₹4,42,795 | ₹48,34,592 |
| 2 | ₹1,80,907 | ₹4,27,296 | ₹46,53,685 |
| 3 | ₹1,97,858 | ₹4,10,346 | ₹44,55,827 |
| 4 | ₹2,16,396 | ₹3,91,807 | ₹42,39,431 |
| 5 | ₹2,36,672 | ₹3,71,531 | ₹40,02,758 |
This calculator returns arithmetic on the figures you enter. It is not an offer, does not check your eligibility, and cannot predict the rate a lender will sanction. Loans Got Easy is an authorised Direct Selling Agent - we do not sanction, approve or disburse loans.
Why LAP is cheaper than an unsecured loan
The lender's risk is backed by an asset it can enforce against, so the rate reflects that. The practical consequence for a borrower: on 50 lakh over 15 years, LAP at 10% costs roughly 53,730 a month, while an unsecured business loan at 16% over 5 years for the same amount would cost roughly 1.22 lakh a month (1,21,590). The trade-off is that your property is genuinely at risk if the loan is not serviced, which is not a theoretical consideration.
Loan to value decides how much you get
Lenders typically advance 50% to 70% of the property's assessed market value, with residential property usually attracting a higher ratio than commercial, and self-occupied usually higher than let-out. The lender's own valuer sets the value, and that figure is frequently below what the owner believes the property is worth. Plan on the conservative end when working out whether the loan will cover what you need.
Title and documentation drive the timeline
LAP is slower than unsecured lending because the property has to be legally and technically cleared. Expect two to four weeks in a straightforward case. Delays cluster around the same issues: incomplete chain of title, an unregistered earlier transfer, missing approved building plans, encumbrance certificate discrepancies, or property held jointly where a co-owner is unavailable to sign. Assembling the property file before applying is the single most effective way to compress the timeline.
The end use is not unrestricted
LAP can generally fund business expansion, education, medical costs, debt consolidation or a property purchase. Lenders will not fund speculative activity, and most require a stated end use in the application. Using a lower-cost secured loan to clear high-cost unsecured debt is a legitimate and common use, but only helps if the underlying spending pattern that created the debt has changed.
Rates sourced from partner lender published rate schedules, last verified August 2026. Figures produced by this calculator are indicative and depend entirely on the inputs you provide. The rate you are offered is set by the lender based on your credit profile, income, employer, loan amount and tenure.
Frequently Asked Questions
At 10% p.a. over 15 years the EMI is approximately 53,730, with total interest of about 46.7 lakh. Over 20 years the EMI falls to roughly 48,251 but total interest rises to about 65.8 lakh. LAP rates typically run in the 9% to 13% band depending on the property, the borrower's profile and the loan-to-value ratio.
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Rates last verified August 2026. Loans Got Easy is a loan advisory and Direct Selling Agent. We do not sanction, approve or disburse loans - the lender does, based on its own credit assessment.