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What are the additional costs involved while taking home loan?

Q: I am planning to take a home loan. What are the other costs involved while taking home loan?

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The additional costs involved are processing charge- fee payable to the lender on applying for a loan, pre-payment penalties- 1-2% of prepaid amount (if paid before the agreed duration), commitment fees, miscellaneous costs, registration of mortgage deed.
Sanjana Jain


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