What will it cost each month?
Move the sliders to see your EMI, the interest over the full term and the income a bank will expect.
Your monthly EMI
₹1,66,622
- Loan amount
- ₹1.92 Cr
- Total interest
- ₹2.08 Cr
- Down payment
- ₹48.0 L
- Total paid to bank
- ₹4.00 Cr
Banks usually want your EMIs under half your take-home pay. For this loan that means a monthly income of about ₹3,33,244.
Illustrative only. Your bank's offer may differ.
Home loan questions.
Which banks have approved Avaasa projects?
SBI, HDFC Bank, ICICI Bank, Axis Bank and Bank of Baroda have approved Skyline. Our loan desk can get you a pre-approved offer within 48 hours.
Is EMI charged during construction?
Banks disburse in stages and charge pre-EMI interest only on what has been released. Full EMI starts after the final disbursement, or earlier if you choose.
Can I claim tax benefits?
Under the old regime you can claim up to ₹2 lakh a year on interest (Section 24b) and up to ₹1.5 lakh on principal (Section 80C) once you take possession. Check with your tax adviser.