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emi calculator for home loan

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Benefits of tax and loan eligibility from home loan in joint names

A home loan provides an array of attractive benefits such as saving tax and providing money in need. One of the greatest benefits of a home loan is to save tax while preparing to invest in a permanent asset. The Section 80C and Section 24 of the income tax regulations makes a home loan seeker eligible for […]

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Income tax benefit of a housing loan: Section 24

What is a home loan? A home loan or mortgage is nothing but the funding for a new home by any bank or a financial institution. Banks disburse loan to the home owner/loan seeker who meet the specified criteria. Basically a home loan is divided into two parts – the principle payment and the payment of interest. […]

Home loan transfer: Check the facts and figures

Most of us are confused while seeking a home loan predicting it to cause trouble in the coming future. Home loan transfer can happen based on various aspects and is also denoted as loan transfer. Reasons like increased interest rates and others lead to loan transfer. If your interest rates are higher than your EMI, […]

Tips: Home Loan Transfer

A home loan plays an important role in making your dream of owning a home come true. Home Loan amount varies from person to person depending on the repayment capacity, age and income, dependents and so on. The loan is available to those who are eligible for a contract such as any person who is […]

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