Loan and Debt Management

LOAN and BORROWING

Considering the huge amount and the long tenure involved, a home loan is surely a liability. But it also offers you some benefits .
Buying a home is a big step. It is a source of anxiety, frustration -- and a huge sense of accomplishment. With the zooming property rates, it is difficult a buy a home through our savings entirely. Almost all of us have a to avail a home loan.
Usually, a home loan is one of the biggest liabilities. Considering the huge amount and the long tenure involved, However your home loan also offers you some benefits. The below write-up highlights the advantages of taking a home loan.I

 

Housing loan terminology decoded

Housing loan terminology decoded

In the case of part disbursement of the loan, monthly interest is payable only on the disbursed amount. This interest is called pre-EMI interest 

When you are in the process of availing a loan to buy your dream home, financial institutions or banks usually use a number of technical terms which may sound new to you. The below article provides a list of number of technical terms used by banks when you avail a home loan.

Advantages of taking a home loan

Advantages of taking a home loan

Considering the huge amount and the long tenure involved, a home loan is surely a liability. But it also offers you some benefits .

Buying a home is a big step. It is a source of anxiety, frustration -- and a huge sense of accomplishment. With the zooming property rates, it is difficult a buy a home through our savings entirely. Almost all of us have a to avail a home loan.

Usually, a home loan is one of the biggest liabilities. Considering the huge amount and the long tenure involved, However your home loan also offers you some benefits. The below write-up highlights the advantages of taking a home loan.