Guides / Home Loans
8 guides in this topic.
How fixed and floating home loan rates work in India, what the repo rate has to do with your EMI, and how to decide which suits you, with a rate-rise example.
How banks calculate your home loan eligibility, from income and existing EMIs to credit score and loan-to-value limits, with a worked example you can repeat yourself.
The formula behind your home loan EMI, a full worked example with real numbers, and how rate and tenure change the interest you pay over the life of the loan.
Compare home loan insurance (loan protection) with a regular term plan, covering cost, cover amount, portability and claims, so you choose the right protection for your home loan.
Should you use spare money to prepay your home loan or invest it? Compare the guaranteed saving with uncertain returns using a worked example, and use a simple decision checklist.
A practical guide to understanding and improving your CIBIL score before a home loan application, including how to read your report, fix errors and avoid common mistakes.
A complete checklist of documents for a home loan in India and a clear walkthrough of the approval stages, from application to sanction, agreement and disbursement.
Should you move your home loan to another lender for a lower rate? See how a balance transfer works, the costs involved, worked savings examples and a simple break-even test.
