🪖 Ahmadnagar 📍 Maharashtra HRA tiernon-metro Updated2026-05-17

Ahmadnagar Home Loan EMI Calculator 🪖

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Quick answer (Ahmadnagar)

Typical Ahmadnagar home loan: ₹26.00 L at 8.75% over 20 years = ₹22,976/month EMI. Total interest ₹29.14 L. Maharashtra stamp duty: 6% + 1% registration = ~₹1.82 L extra.

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Mortgage Calculator

Home Value

LTV 80% · No PMI ✓

Loan Amount

Interest Rate

Term

Total Monthly

$2,496

PITI

Principal + Interest

$1,996

58% goes to interest

Total Interest

$418,527

over 30 years

Monthly Breakdown

Principal & Interest$1,996

Property Tax (1.1%/yr)$344

Homeowner's Insurance (0.5%/yr)$156

Total Monthly$2,496

Principal vs Interest Split

42% principal

58% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only — consult a licensed lender for exact rates.

🪖 Ahmadnagar home loan landscape

Home loans in Ahmadnagar.

Typical ticket

₹26.00 L

mid-segment 2026

Typical rate

8.75%

prime borrower repo-linked

Stamp duty

6% duty + 1% reg (1% women off)

Market overview

Ahmadnagar apartment pricing ranges Rs 4,200-6,200 per sq ft with Savedi and Kedgaon leading premium supply driven by army officer and PSU demand. Bhingar's cantonment-adjacent location commands a defense-employee premium, while MIDC Ahmadnagar pulls industrial worker housing. Pricing sits 15-20% below Pune's outer ring and aligned with Nashik's mid-tier zones. Supply is roughly 55% apartments, 45% plots, with strong demand from defense pensioners settling post-retirement.

What makes Ahmadnagar distinct

Ahmadnagar hosts the Indian Army's Armoured Corps Centre & School and VRDE, making it one of Maharashtra's most defense-services-anchored economies, with a stable salaried + pensioner borrower base entitled to AGIF and military housing schemes. The Pravara cooperative sugar belt and Loni medical college (PIMS) add a parallel sugar-trader-and-doctor segment with strong cash flow profiles.

🏘️ Top micromarkets

Popular residential zones in Ahmadnagar.

Savedi

Kedgaon

Bhingar

Tofkhana

Nagapur

MIDC Ahmadnagar

Burudgaon Road

Station Road

🏦 Top lenders

Banks dominating Ahmadnagar home loans.

SBI: dominant on AGIF and defense salary account tie-ups for serving officers and pensioners

Bank of Maharashtra: home-state bank preferred by Pravara group salaried and cooperative segment

HDFC Ltd: strong for Savedi/Kedgaon premium apartments and PIMS doctor borrowers

PNB Housing Finance: competitive for defense pensioner and government employee files

LIC Housing Finance: preferred for self-employed sugar cooperative and dairy trader segment

Top employers driving pre-approved home loan flows: Armoured Corps Centre & School (ACC&S), Vehicle Research and Development Establishment (VRDE), Mechanical Engineering College (Indian Army), Pravara Institute of Medical Sciences (Loni), Pravara Sahakari Sakhar Karkhana, Mula Sahakari Sakhar Karkhana.

🧮 Worked example

₹26.00 L home loan in Ahmadnagar at 8.75% over 20 years

Loan amount

₹26.00 L

Annual interest rate

8.75%

Term

20 years (240 months)

Monthly EMI

₹22,976

Total interest paid

₹29.14 L

Total paid (principal + interest)

₹55.14 L

+ Stamp duty & registration (7%)

₹1.82 L (women: ₹1.56 L)

❓ FAQ

Ahmadnagar home loan questions.

What is the EMI on a Rs 26 lakh home loan in Ahmadnagar at 8.75% for 20 years? ▾

At 8.75% p.a. over 20 years, the EMI on Rs 26,00,000 works out to approximately Rs 22,975 per month. Total interest paid is around Rs 29.14 lakh, taking the total outflow to roughly Rs 55.14 lakh.

Which bank offers the lowest home loan rate in Ahmadnagar? ▾

SBI typically leads for defense borrowers at 8.50-8.60% via AGIF tie-ups, with Bank of Maharashtra and PNB Housing close behind at 8.55-8.70%. HDFC sits at 8.70-8.85% for premium Savedi flats, while LIC Housing offers 8.80-9.30% for cooperative sugar trader files.

Can I include stamp duty in my Ahmadnagar home loan? ▾

No, the 6% stamp + 1% registration (effective 6% for women) is paid upfront. On a Rs 35 lakh property, plan Rs 2.1-2.45 lakh out of pocket. Defense pensioners often use AGIF top-up advances to fund stamp duty separately while keeping the main home loan clean.