Tag: Home Loan

Do you feel like owning a house is out of reach with your current salary? With the rising real estate prices in India, many individuals with low incomes think that owning a home is unattainable. However, there’s good news – it’s not impossible. The Indian government and different financial...

So, you’ve just sealed the deal on your dream home, and now the real question is: How long do you want to be paying those monthly payments? Are you looking to dash to the finish line with a short-term loan, or are you more of a long-distance runner, taking...

If you’ve come into some extra cash, instead of blowing it all, think about using it to prepay your home loan EMIs. It might not be the first thing you’d consider, but it’s a smart move. By knocking down your loan principal, you’ll end up paying less interest and...

The successful journey of homeownership involves more than just finding the perfect property—it also requires understanding the ins and outs of securing a suitable home loan. A central aspect of this process is comprehending Equated Monthly Installments (EMIs) – the periodic payments that contribute to repaying both the principal...

When it comes to buying a home, securing a favourable home loan with the lowest possible interest rate is crucial for long-term financial well-being. The interest rate you lock-in can impact your monthly mortgage payments and the overall cost of your home. To help you assist with this important...

For many, purchasing a home is a major achievement, but the sizable down payment can present a significant challenge. In India, a typical down payment can range from 10% to 25% of the property’s value, which can be substantial. However, there are methods for buying a home with zero...

Just think about it – you’ve been dreaming about your perfect home with cozy evenings by the beautiful garden and relaxed brunches in the backyard. It’s time to talk about the important but often overlooked part of buying a home: the down payment. The term “down payment” might sound...

Do you dream of owning a home, an investment property, or a piece of land? Property investment can be a smart way to grow your wealth and achieve your long-term financial goals. However, with so many real estate financing options available, it can be challenging to determine which one...

The repo rate is a key tool utilized by the Reserve Bank of India (RBI) to inspect the monetary landscape. For individuals looking to purchase a home, comprehending repo rates becomes a crucial part of the process. This article aims to simplify the complexities of repo rates, emphasizing their...

The Loan-to-Value Ratio (LTV) is a critical aspect that shapes borrowing and lending decisions in the financial landscape. This metric measures the percentage of the property’s value that is financed through a loan and plays a significant role in mortgage lending, auto loans, and other forms of secured borrowing....