Chetan Rao
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Can i get 100% loan facility.?
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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