A key factor to consider before transferring your loan is its residual tenure. The profitability of transferring your loan depends entirely on it. A transfer toward the end of the loan tenure means that the home loan balance...
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...
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 home loan interest rates have risen in the recent past, we find out whether it makes sense to refinance your home loan
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
You can close your home loan account in a systematic way without complications. Read on to find more.
Many borrowers may be considering a fixed interest rate loan as the recurrent interest rate hikes in the repo rate-linked consumer loans pinch their pockets. Read on to learn more
A home loan insurance provides a host of benefits that could offer timely help in the event of the borrower’s death, incapacitation, or otherwise
There is good sustenance in the home-buying activity in the real estate sector at present, according to MD of LICHF
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...
Banks cannot impose foreclosure charges when you prepay your home loan. Read on to know the charges levied in such a situation.
Low home loan rates and steadily increasing homeownership sentiment helped maintain gains and momentum in residential real estate
With borrowing costs for developers set to rise, many builders said that housing prices might also increase
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...
Rate hike by Bank of Baroda comes a day after its counterpart Bank of Maharashtra increased MCLR rate by 10 basis points
Here is a round-up of various developments leading up to Diwali, from festive shopping offers, loans, cybersecurity, crypto gifts, and debt to gift taxation,...
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.
The rate hike will immediately affect those who have taken loans on a floating rate basis and are tied to an external benchmark, those pegged to other...
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...
The revisions come amid a rising interest rates scenario, which has seen the RBI hiking its key lending rate by 1.40 per cent since May to tame inflation
On Saturday, the country's largest mortgage lender - HDFC - increased its benchmark lending rate by 25 basis points, a move that will make loans dearer for...
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...
