Home loan

Choosing right home loan is not just negotiating for lower interest rate, negotiating on processing fee or pre-payment fee. Every borrower should go beyond this basic check list and find out if any of the different flexible repayment options would suit his needs. Remember, even a single default could deface your credit report and disqualify […]

Banks generally quote an ‘annualized’ interest rate, but remember that interest rates can be deceptive unless you figure out how they are defined. When you take a loan from a bank or a housing finance company, bank offers you only 80 to 90 per cent of the value of the property i.e., you have to […]