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Real Estate Forum on Home Loan for Atria Dhanashree Aangan in Handewadi, Pune

Real Estate Property Discussion Forum and Guide to Real Estate Queries for Atria Dhanashree Aangan in Handewadi, Pune

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Q: I want to buy a flat at maximum 25 lakhs investment . I want 100% loan facility?. If yes, then i would like to go in for it immediately.
Latest Answer: Hi Sunil, 100% loans result in higher interest costs, the price you’ll pay over the life of your loan -- because you’re paying interest on 100% of the purchase price. What’s more, second mortgages generally have higher interest rates than first mortgages, so you’re paying a premium to borrow the extra 20%.
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