Compare total interest, not only the EMI.
Loan Against Property Calculator
Estimate LAP eligibility, EMI and long-term interest. Adjust the assumptions, inspect the chart and read the complete guide below.
02 Your projection
Indicative loan amount₹50.00 LUpdates instantly as you edit
Property market value₹1.00 Cr
Estimated monthly EMI₹55,270
Total repayment including fees₹1.00 Cr
Full amortisation schedule180 monthly instalments
Projection journeyHover to inspect a year
Eligibility is the lower of requested amount and the selected property LTV. Legal title, valuation, income and lender policy still apply.
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Five smart nudges
Use the result with context.
Check the lender’s APR and key fact statement before signing.
A longer tenure lowers EMI but usually increases total interest.
Keep room in the monthly budget for rate resets and emergencies.
Include processing, legal, insurance and closure charges in the comparison.
Understanding Loan Against Property in India
Editorially reviewed 12 July 2026 · Rules and assumptions can change
How LAP capacity is determined
Loan against property is secured by residential or commercial property but usually underwritten on both property value and repayment ability. The calculator applies an entered LTV to market value and compares it with the requested loan; the lender may use a lower valuation or policy LTV.
The property is at risk if repayment fails. Do not pledge the family home for speculative investment or an unresolved recurring cash deficit.
LAP cost versus alternatives
LAP rates are often below unsecured personal-loan rates but above standard home-purchase rates because the purpose and risk differ. Include legal search, valuation, processing, mortgage creation, insurance and closure costs. For short borrowing, upfront costs can erase the rate advantage.
Compare overdraft-style utilisation if available, business cash-flow credit and a smaller unsecured loan. Match tenure to the funded asset or business cash flow, not merely the longest available term.
Property and borrower due diligence
Clear title, permitted use, building approvals, ownership consent and existing encumbrances affect eligibility. Joint owners may need to join. Rental or business income may be discounted in underwriting.
Review KFS/APR, rate benchmark, reset, default consequences and lender enforcement rights. Independent legal advice is appropriate when pledging a high-value property.
LAP checklist
Enter a conservative property value and stress it lower; borrow only what cash flow can repay. Count all creation and release charges and retain an emergency reserve.
Inventory original documents handed over, obtain receipts, monitor statements and plan release/NOC after closure. This tool does not value the property or approve the loan.
Official sources used for this guide
Rates, thresholds and rules can change after the review date. Check the linked authority and the provider’s current documents before acting.
Loan Against Property calculator FAQs
Will the lender use my estimated property value?
Not necessarily. It conducts its own legal and valuation process and may adopt a lower value.
Is LAP the same as a home loan?
No. The property secures both, but purpose, pricing, tenure and tax treatment can differ.
What does LTV mean?
Loan-to-value is the loan amount as a percentage of the lender-recognised property value.
Can LAP fund investment?
Using a family property to support speculative returns creates severe collateral and cash-flow risk.
What happens to documents after closure?
Obtain originals, release/NOC documents and confirm removal of the lender’s charge.