With banks slashing home loan rates at the drop of a hat currently, home loan balance transfer or loan refinancing is emerging to be a popular trend. And, why not! It is a win-win for both existing home loan customers and banks — you get to refinance your existing loan at a lower rate and […]
Taking a home loan and paying it off is the biggest financial achievement we make in our lifetime. The huge debt burden and the long duration are the two daunting aspects of home loans. However, with some intelligent planning you can pay off your loan and become debt-free much sooner than you had imagined. There […]
In this week’s entry, I will attempt to present a new perspective to the whole rent vs. buy a house debate. Let’s put the spotlight on some of the basic math you need to keep in mind when making this decision. Renting Buying What you will pay for […]
Buying a home is dream come true for all of us. The first home that we buy gives us an immense sense of achievement and independence. However, the decision to purchase a house is filled with apprehensions about repayments, tenure and how to go about looking for the most economical loan option available.
