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Home > Forum > Mumbai > Home Loan > Can I take a home loan to pay my existing home loan installments?

Can I take a home loan to pay my existing home loan installments?

Q: I have already taken a home loan and paying the installment every month including the interest rate. I just wanted to know whether I can take a new home loan to pay for the existing home loan?

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1
Yes, of course you can take a home loan to pay-off an existing home loan. Balance Transfer Loan is a type of home loan that helps you to do so. You can avail this type of loan with a lower rate of interest.
Sanjana Jain


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