Category: Home Loan

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

A home loan allows you to finance your dream home quickly. However, due to its enormous size and long tenure (usually up to 30 years), keeping up with regular EMI payments becomes challenging for many. Despite planning for loan repayment, you may miss your home loan EMI payment due to unforeseen circumstances, such as job…

State Bank of India has launched its online platform for homebuyers- SBI Realty. SBI Realty provides home loans for the purpose to purchase a plot for construction of a dwelling unit. The construction should take place within 5 years from date the loan has been sanctioned.

How much amount of home loan you are eligible for? How to increase your home loan eligibility? Here are the tips to enhance home loan eligibility.

Co-borrower, co-owner and co-applicant are the terms that some people use interchangeably. However, each of these terms has its associated legalities and financial obligations related to home loans. Therefore, you must know what these terms mean and how they are different. Who is a Co-applicant? A co-applicant is a person who applies for a home...

As per the survey conducted by the Centre for Monitoring Indian Economy (CMIE), the second wave of covid-19 has rendered almost 1 crore Indians jobless. Mahesh Vyas, chief executive, CMIE, further said that nearly 97% of households had witnessed a decline in their income since the beginning of the pandemic last year. The condition is...