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Home loan

car and home loans

Hike in 10 Yr govt.bonds: Car and home loans turn expensive

Auto and home loans are all set to become more dearer as the yield on government bonds jack up by almost 9%. Tagged as the benchmark for the ROI in the market which consumers are liable to pay, heating up of the 10-year government bonds tip-off the market players about a potential increase in the […]

Choose the best option for your home loan repayment.

Which home loan repayment option suits you the best?

Financial institutions and banks offer a number of repayment schemes to suit the needs of different types of prospective borrowers.  This is primarily done with an intention to attract more borrowers and fence sitters. Some of such innovative repayment schemes are given below: Step-up Option:- This suits the “younger generation and new to employment”the most. […]

CommonFloor Editorial Team

Essential documents required while applying for a home loan

You see an advertisement of a beautiful lake view villa with all luxurious amenities and wish to own it; the price also looks ideal. As you feel it is the right abode for you and your family, the next step would be to approach a bank for a home loan. However, there are certain documents that are […]

CommonFloor Editorial Team

Switching home loans: Points to ponder

Everyone wants to trim down the equated monthly installments that they have to pay after purchasing a home with a home loan; no wonder, anyone who is interested in purchasing a house is in the look out for the best possible home loan interest rates. Having said that, it is a must mention here that transferring of loans for […]

How to insure your home loan?

There is no other place in this world where we feel as secure as our ‘own’ home. But in today’s price hike scenario, a home without a loan is unthinkable for an average Indian citizen. That means, once a home is bought, it is then time for loan repayment and a good sum of your […]

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