Secured Lending

Loan Against Property (LAP) Calculator

Unlock the trapped equity in your real estate. Calculate your maximum eligibility and EMI for pledging your residential or commercial property.

Asset Details

Bank will verify this via independent valuation.

LAP rates are usually 1-2% higher than standard Home Loans.

15 Years

Max tenure is usually 15-20 years.

Loan Eligibility & Cost

Max Loan Eligibility

₹65,00,000

Based on 65% LTV for residential asset.

Monthly EMI₹67,875
Total Interest Paid+₹57,17,429
Total Payable Amount₹1,22,17,429

Why Take a Loan Against Property?

LAP is one of the most powerful financial tools for business owners and individuals needing high-ticket funding. Instead of taking an unsecured Personal Loan at 14-16% or a Business Loan at 16-18%, you pledge your property to secure a massive loan at a much lower rate (typically 9.5% to 11%).

  • The LTV Cap: Banks will never lend you 100% of the property's value. For residential homes, the Loan to Value (LTV) maxes out around 65-70%. For commercial properties or vacant plots, it drops to 50-60% because they are harder for the bank to liquidate in case of default.
  • No End-Use Restriction: Unlike a Home Loan (which must be used to buy a house) or a Car Loan, the money from a LAP can be used for anything: expanding your business, paying for a child's overseas education, or consolidating high-interest debt.