Prepayment penalty
Key Points to Consider before applying for Home Loan
Availing a Home Loan is a long-drawn process that involves considerable documentation. Hence, it is imperative that the Home loan seeker plans in advance before he actually applies for a Home loan. There are various aspects that a loan seeker needs to consider before be applies for a loan. They include the amount that he […]
Things To Know While Prepaying A Home Loan
Prepayment penalty, a nightmare suffered often by individual borrowers of home loans, is set to end. Prepayment of a loan means payment of all debts before the due date. Prepayment penalty is an amount charged by banks if a borrower wants to prepay their loan. Prepayment penalty in some banks can range between one and […]
