What is Loan Against Property (LAP)?

A Loan Against Property (LAP) is a secured loan where you pledge your commercial or residential property as collateral to a bank to get a lump sum loan, usually at lower interest rates than personal loans.

What is LTV in Loan Against Property?

LTV stands for Loan-to-Value ratio. It is the percentage of the property's market value that the bank is willing to offer as a loan. It typically ranges from 50% to 70% depending on the property type and bank policies.

Can I continue to use the property after taking a LAP?

Yes, absolutely. You retain full ownership and usage rights (living in it or renting it out) as long as you continue to pay your EMIs on time.

Loan Against Property Calculator - Free Smart Calculators & AI Tools

Loan Against Property (LAP) Calculator | EMI & Eligibility

📊 Property Mortgage Engine

Current Market Value of Property

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Loan-to-Value (LTV) (Max %)

Interest Rate (% p.a.)

Loan Tenure (Years)

Yrs

Eligible Loan Amount (Max)

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Monthly EMI

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Total Interest Payable

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Payment Breakdown

Principal

Interest

Property vs Loan (LTV)

Value

Loan

Financial Component	Amount
Property Market Value	₹0
Approved Loan Amount (Principal)	₹0
Total Interest Payable	₹0
Total Amount Payable	₹0

✨ AI Quick Verdict

Calculating LAP viability based on your inputs…

About the LAP Eligibility Engine

A Loan Against Property (LAP) enables you to unlock the dormant equity in your real estate. Because the loan is secured by your asset, banks offer significantly lower interest rates and longer tenures compared to unsecured personal loans.

LTV (Loan-to-Value) Limitation: Banks do not fund 100% of the property’s market value. Depending on the asset class (residential vs commercial) and your income profile, the LTV typically ranges between 50% and 75%. Our engine calculates both your maximum funding eligibility and the resulting amortization schedule instantly.

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🏦 LAP Calculator

About the LAP Eligibility Engine