Home loan interest exemption

Hi
I have two homes, one is self occupied and one is let out.
Till last financial year tax exemption on interest paid for second home was unlimited.
From this year it has been capped at 2 lakhs.
So my question is total tax exemption one can get is 
up to 2 lakh on interested paid on self occupied home + up to 2 lakh on let out home = 4 lakhs (considering max allowable limit in each)

or is it 2 lakh of total exemption combined ?