A salary hike can quickly disappear into higher EMIs, credit card spending, BNPL purchases and lifestyle upgrades. CA Nitin Kaushik advises...

RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This deci...

A 28-year-old Bengaluru software engineer earning around Rs 70 lakh per year has sparked a debate online after asking whether it makes more...

Understanding home loan mechanics helps borrowers reduce total borrowing costs. The reducing balance method ensures interest decreases as t...

A chartered accountant warns that home loan borrowers often overlook the total repayment, which can double the initial amount. He highlight...

Most investors struggle as they watch their portfolio shrink while EMI obligations remain fixed. The temptation to stop the SWP or redeem t...

Chartered accountant Paaras Gangwal advises caution on home loan prepayments. He explains that early loan prepayments yield significant sav...

A prepayment strategy can significantly reduce your home loan tenure and interest payments. By paying one extra EMI annually on a Rs 50 lak...

From understanding the perfect timing to mastering different prepayment strategies that can save you lakhs in interest, here's everything y...

Paying off a home loan faster can be achieved through partial prepayments. For a Rs 40 lakh loan at 8.5% interest, prepaying Rs 50,000 annu...

Decide between home loan prepayment and equity investments in a bull market by evaluating risk, financial stability, and personal goals. Ba...

Interest rates on floating rate home loan, especially EBLR home loans, have risen by almost 2.5% within last 16 months due to which the EMI...

Depending on the area or state where you live, banks will normally offer to finance 70% to 90% of the property's market value as a housing ...

The total interest for a Rs 50 lakh home loan outstanding with remaining tenure of 20 years, where the interest rate has risen from 7% to 9...

Prepaying large home loans with a little bit of planning and discipline is not a difficult task.

A good way to reduce your home loan burden, especially when rising interest rates are bloating your EMIs, is to prepay it.

With the rates on home loans going up, potential home buyers are compelled to reconsider their decision to purchase a property.