When most people take a home loan, they focus on just two things – interest rate and EMI. Everything else is treated as paperwork that can be “figured out later.” That’s exactly where many home buyers go wrong. Because the real cost of a home loan is often hidden in plain sight, and most borrowers …
Buying your first home is exciting – but it’s also where many buyers make a single, costly home loan mistake that silently adds ₹5-15 lakh (or more) to the total repayment. What’s worse?Most buyers don’t even realise it until years later. Let’s break it down simply. The mistake: Focusing only on EMI, not the total …
Buying a home in India starts with one big question –“How much money do I need upfront?” Many first-time buyers focus only on EMI, but the real entry barrier is the down payment. In this article, we explain: What Is a Down Payment? A down payment is the part of the property price that you …
When interest rates move, many home loan borrowers start wondering if they’re paying more than they should. A balance transfer often comes up as a possible solution — especially when another bank is offering a lower rate. Done at the right time, switching your home loan can reduce interest costs and even shorten the repayment …
When people take a home loan, they usually think of it as a 20-25 year commitment – something that will quietly run in the background for decades. In practice, though, many borrowers don’t end up paying their loan for that long. With the right prepayment strategy, a home loan can be closed much earlier, with …
Buying a home in 2025? For most Indian buyers, the biggest hurdle is not EMI – it’s arranging the down payment. This upfront amount often decides when (or if) you can finally book a property. Whether you’re a first-time buyer or upgrading to a bigger home, understanding how much down payment is required, how banks …
For a first-time home buyer in India, terms like carpet area, built-up area, and super built-up area often sound confusing. Builder brochures, property ads, and even sales discussions freely use these terms, sometimes interchangeably. However, they do not mean the same thing. Understanding the difference is critical because property prices in India are linked to …