Author: Home & Loans Blog

Prafulla Mishra is an experienced financial analyst & writer who is well known for his ability to foretell market trends as well. I have worked extensively in the finance sector along with many organizations. I spend most of my time on reading finance related stuff on google and love to share my expertise with readers.
Loan Against Property

Objective of Loan Against Property EMI Calculator

A loan against property is a type of secured loan that offers several benefits to borrowers. Borrowers avail of these loans against a residential or commercial property or a piece of land. Since these loans involve collateral or security, which is the property pledged as collateral, lenders grant large sanctions under these loans and offer loans against property at low-interest rates. Further, borrowers get a … Continue reading Objective of Loan Against Property EMI Calculator

Unknown's avatarHome & Loans BlogLeave a comment
Loan Against Property

Top Benefits of Choosing Loan Against Property

Loans against property are also known as property loans in India. These are a type of secured loans and borrowers avail of these loans by pledging a residential or commercial property they own as security. The papers of the property that has been pledged as collateral stays with the lender until the borrower has repaid the loan in full. Once the borrower has cleared the … Continue reading Top Benefits of Choosing Loan Against Property

Unknown's avatarHome & Loans BlogLeave a comment
Home Loan

How Does Interest Rate Affect your Home Loan?

The Reserve Bank of India was formed with the sole intention of helping the country build a stable financial system. One of the key functions of the Reserve Bank of India is that it helps maintain a stable economy as well as keep inflation under control. The RBI does so with the help of the Repo Rate. The Repo Rate is the rate at which … Continue reading How Does Interest Rate Affect your Home Loan?

Unknown's avatarHome & Loans BlogLeave a comment
Home Loan

How to Keep a Perfect CIBIL Score for a Home Loan?

TransUnion CIBIL is the most popular credit rating agency in India and the credit score it assigns borrowers is known as the CIBIL score. The CIBIL score is a three-digit number between 300 and 900 that indicates a borrower’s creditworthiness and ability to repay their loan on time. The higher a borrower’s credit score, the better their ability to repay the loan money. Lenders consider … Continue reading How to Keep a Perfect CIBIL Score for a Home Loan?

Unknown's avatarHome & Loans BlogLeave a comment
Home Loan

A Borrower’s Checklist for Choosing an Indian Housing Loan

These days, almost everyone who buys a home, avails of a home loan to fund their home purchase. Property prices have increased tremendously over the last few decades and it is now impossible for middle-class and middle-age people to buy a home solely with their savings. Home loans offer certain advantages too. They offer tax benefits that allow home loan borrowers to save a considerable … Continue reading A Borrower’s Checklist for Choosing an Indian Housing Loan

Unknown's avatarHome & Loans BlogLeave a comment
home loan balance transfer

Points to Consider Before Transferring a Home Loan Balance

Home loan balance transfer refers to the process of transferring one’s home loan from one lender to another offering better loan terms and conditions, such as a lower interest rate, longer repayment tenor, better service, etc. You should go for home loan balance transfer as it is a useful facility, one must keep in mind certain things before opting for this facility. In this article, … Continue reading Points to Consider Before Transferring a Home Loan Balance

Unknown's avatarHome & Loans BlogLeave a comment
Home Loan

Reduce your EMI Amount with these New 5 Ways

A home loan will allow you to buy your dream home without the stress of arranging money from other sources at a high interest rate or depleting all of your savings. Lenders are eager to provide home loans to qualified applicants at attractive interest rates, long term tenors, affordable EMIs, sizable sanctions, and the vast amounts of tax benefits of housing loans. The monthly instalments … Continue reading Reduce your EMI Amount with these New 5 Ways

Unknown's avatarHome & Loans BlogLeave a comment
Loan Against Property

Improve your Loan Against Property Eligibility

Loans against property are a type of secured loan. In the case of these loans, a borrower pledges a residential or commercial property as collateral and in return, receives loan money. Most lenders maintain a LTV ratio of 50 to 60% in the case of loans against property. In simpler words, when a borrower pledges their property, they can receive up to 50% of the … Continue reading Improve your Loan Against Property Eligibility

Unknown's avatarHome & Loans BlogLeave a comment
Calculator, Home Loan

Importance and Benefits of Home Loan Calculator

Ever-increasing real estate prices have made it impossible for people to buy their dream home without seeking external financial assistance and when it comes to monetary help, buyers only have two options. They can either borrow money from family and friends or they can loan it from a bank. These days, the majority of homebuyers take home loans to buy real estate, primarily because home … Continue reading Importance and Benefits of Home Loan Calculator

Unknown's avatarHome & Loans BlogLeave a comment
Loan Against Property

How to Use a Loan Against Property Eligibility Calculator

Loans against property or property loans have become quite popular. These loans give borrowers quick access to a substantial amount of money, allowing them to take care of various personal and professional emergencies. Further, since loans against property are secured loans, borrowers sanction these loans at low interest rates and for a longer repayment tenor, which is another reason why these loans are becoming so … Continue reading How to Use a Loan Against Property Eligibility Calculator

Unknown's avatarHome & Loans BlogLeave a comment