Homebuyers often overlook the true cost of 30-year home loans. Early EMIs primarily pay interest, not principal. Chartered Accountant Nitin...

Rising Treasury yields are forcing investors to sell government debt. This is due to increased risks from higher interest rates and fewer m...

Given the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...

Nitin Kaushik shared how a 34-year-old teacher transformed her finances despite earning Rs 42,000 monthly and carrying Rs 3 lakh debt at 18...

A 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...

A Reddit user sparked debate online after revealing they paid off a Rs 45 lakh home loan eight years early by putting every spare rupee tow...

Your salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, me...

The amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...

A chartered accountant's advice challenges the common instinct to immediately prepay home loans with bonuses. Instead, building an emergenc...

Housing finance is one of those sectors where the macro picture is always attractive, but not so much the micro reality. At the level of th...

Chartered Accountant Meenal Goel revealed her Rs 1 crore home loan became a financial burden, with nearly Rs 1.89 crore going towards inter...

The Reserve Bank of India has kept the repo rate steady at 5.25%. Home loan borrowers may see temporary relief. However, rising inflation, ...

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

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...

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...

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...

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