As banks are likely to pass on the impact of a rate hike to customers, the equated monthly instalments (EMIs) on your home loan will also see an increase. In such a scenario, does it make sense to prepay your home loan? Read...
A home loan overdraft facility will allow you to prepay your home loan, while also providing you with enough liquidity for your other goals. But they do have some demerits, including a higher rate of interest than your...
As a cherry on the top, SBI, the country’s largest lender has also waived off the processing fee on home loans till January, 2023.
As the repo rate increased again by 0.25 per cent, what can borrowers do to ease the brunt of higher equated monthly instalments? Read on to find more
Taking a home loan is an emotional decision. Hence, you must weigh all pros and cons before applying for a home loan. You must only go for the product that suits you.
This Diwali, you may want to light up your home with a makeover. If you want to avail of a loan for this, read on to find more.
It does make sense to stay in the old regime if you have a home loan and draw less salary. Read on to find more.
As banks continue to increase home loan rates and EMIs increase, here are some strategies for homebuyers to cope up
If the total loan repayment period reaches the age at which the borrower is expected to retire, in that case, even the banks will not be in a position to...
Compared to a decade ago, you can now complete up to 90 per cent of the home loan process completely online, thus making the entire process that much faster....
Even if the bank issues a single certificate for a joint home loan, co-borrowers can claim the tax benefits in the ratio of their share.
You can claim deduction on interest on home loan in full if the house is let out, irrespective of the fact whether this is your sole house or additional...
If you fail to pay the equated monthly instalments on your home loan, do not feel stressed out. There are ways to work around the situation. Read on to know...
A Home Loan is a sum of money borrowed from a lender to purchase a property (which can be either a residential flat or a piece of land) which is kept as...
With rates going up the interest outgo will increase but it will be higher if you go for a higher tenure and keep paying the same EMI
For borrowers with CIBIL score of 700 and above, the rate hike has been limited to only 20 bps
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Mortgage lender HDFC Ltd on Saturday announced an increase in its benchmark lending rate by 30 basis points (bps), a move that will make loans dearer for both...
