Category: Home Loan

Floating vs Fixed Interest Rates – Difference between floating and fixed home loan interest rates. Compare Floating and Fixed Interest Rates.

There are various ways to transfer property rights to another person, namely sale, will or gift. While sale deed and will deed transfer methods are popular and widely known in the industry, the gift deed method is a less familiar term for people. A gift deed transfer method is followed when a property owner voluntarily…

Renting vs Buying: From an investment perspective, cost involved perspective and tax benefits. 2 Minute Guide to Renting vs Buying a Property.

The Covid-19 pandemic and the nationwide lockdown has severely impacted the affordable housing segment in India. To give a boost to the housing sector and for the relief of the mid-income families, the Finance Minister Nirmala Sitharaman on May 14, 2020, announced the extension of interest subsidy on home loans under the Credit Linked Subsidy…

We, Indians, are averse to debt. Therefore, whenever we have surplus funds, we use it to prepay our loans. However, a home loan should not be seen under the same lens as other lending products such as car loan and personal loan. Unlike other loan products, home loan offers a number of benefits, which might…

Apparently, in today’s competitive world, borrowers are the ones who are facing the double whammy of inflation, be it soaring day-to-day expenditures or the rising interest rates of loans. Certainly, the former is beyond control but the latter can be managed through an effective measure. So, as a borrower, do you think that your home…

There are a lot of challenges involved when you are looking to buy your dream home. And apparently, the first and the most complicated step is choosing the right home loan scheme and provider. Although there are various banks and financial institutions ready to accept your loan application and grant you the loan, ideally, you…

For a majority of us, buying a house is a once in a lifetime exercise that we have to get right the first time around. The main reason for this is of course the fact that property investments are substantial and made with a long term perspective in mind.