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HOME LOAN EMI BURDEN
'Struggled in India, now own villas': Indian man's comparison of life abroad and homeownership sparks debateAn social media post comparing middle-class life in India with homeownership in the US and Canada has sparked debate. He questioned why som...
Soaring tech costs push festive shoppers towards EMIsAt Bengaluru-based Pai International Electronics, which operates across Karnataka, Andhra Pradesh and Telangana, 70-80% of smartphone sales...
He earns Rs 20 lakh per month, but is barely able to save 2% of his earnings: ‘Not everything you see…’A gym owner from Faridabad explained how despite running a moderately successful gym, which yields him over Rs 20 lakh per month, he was ab...
- Gurgaon man pays Rs 20,000 rent, takes bike trips to mountains, says Rs 30 lakhs a year is enough; blames people for spending too much
A LinkedIn post questioning whether Rs 30–50 lakh a year is enough to live in Gurgaon has sparked a debate. The author recalled paying Rs 2...
Will VA foreclosures rise further? Veterans with modified loans face higher monthly payments after VASP ended, and the new partial claim program does not help themMore than 15,000 US veterans have seen their monthly mortgage payments rise by at least $150 after the Trump administration ended a key VA ...
Why are nearly 2,000 MBBS seats vacant in India? Private and state medical authorities ask NMC to step inDespite numerous rounds of counseling, approximately 2,000 MBBS seats in India still remain empty. High tuition fees are deterring potentia...
Biggest threat to middle-class is not layoffs, market crash or inflation: Gujarat CA reveals one thing quietly making all three worseA chartered accountant has warned that biggets threat to middle class in the next few year is not layoffs, market crash or inflation. He ha...
Kissht parent Q2 net profit doubles to Rs 125 croreSeparately, OnEMI's board on Wednesday approved a Rs 624.1-crore capital infusion into its wholly owned lending subsidiary, Si Creva Capita...
AI financing driving private credit growth as refinancing risks rise, Moody's saysThe ratings agency said AI financing needs now extend beyond data-center construction to land, power, semiconductors, graphics processing u...
Homebuyer stops paying EMIs on Rs 39.92 lakh home loan after builder sells his flat to another buyer; Karnataka HC quashes bank’s criminal caseThe Karnataka High Court has dismissed the criminal charges against homebuyer Mr. Bari, who stopped repaying his loan EMIs after learning t...
Snapchat co-founder and billionaire Evan Spiegel and Miranda Kerr help erase $550 million in medical debt for 261,000 CaliforniansEvan Spiegel and Miranda Kerr are making waves in California by alleviating medical debt for over 261,000 residents. By supporting Undue Me...
Builder missing or bankrupt? What homebuyers can do about the home loan, RERA and the IBCStill paying EMIs on a flat that may never be delivered? Here is what homebuyers can do about the loan, the police, RERA and insolvency cou...
Home loan rate rising? A better credit score could save you lakhs; here’s how
He earns Rs 3 lakh monthly but Rs 15 lakh car is unaffordable: One money management trap that makes even high earner struggle financiallyA man earning an estimated Rs 3 lakh a month cannot comfortably afford a Rs 15 lakh to Rs 18 lakh car because much of his income is committ...
How a personal loan can help you manage planned and emergency expensesUnderstand how a personal loan can help you cover planned expenses and urgent financial needs, explore its benefits, and plan your EMIs bas...
Is ₹3 lakh enough for your emergency fund if you have a home loan, children and ageing parents?As Netflix plans to cut jobs, the importance of an emergency fund becomes paramount for households facing financial uncertainty. Discover h...
Home loan getting costlier? How a higher credit score can save you lakhs even when interest rates riseIn today’s competitive lending environment, many homeowners are successfully reducing their mortgage rates thanks to improved credit scores...
Home loan closed? 5 smart ways to use your surplus EMI money for insurance, retirement and emergenciesPeople often get emotional about closing their home loan early and start using a majority of their funds to aggressively pay off this oblig...
SBI increases home loan rates: How your Rs 30 lakh to Rs 1 crore home loan EMIs can be impacted; see calculationsIn response to a recent 25 bps hike, the State Bank of India has updated its home loan interest rates. Those linked to the External Benchma...
RBI repo rate hike: How home loan borrowers can reduce EMI and interest burdenExtending the tenure instead of raising EMIs will push up the interest outgo on your home loan.