Finance Buddha Blog | Enlighten Your Finances

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Prepayment

Top 7 Home Loan Repayment Options

These days home loan companies are offering many customized repayment options to suit the borrower’s loan requirements. Among these options, some provide flexibility in repaying the loan, while others are linked to the various stages of the house construction. Overall,… Continue Reading →

Top 7 Things to Keep in Mind When Prepaying Your Home Loan

Home Loan is that credit instrument which helps us to purchase our own home. A study says that more than 80% of the people living in urban areas go with home loan to buy their home. Most of the people… Continue Reading →

When Should You Prepay Your Home Loan

Home loan is usually offered for a longer period and for a larger amount. Hence, home loan brings a huge financial burden for the borrower and it leads to hamper the financial budget of the borrower many times, if he… Continue Reading →

Home Loan Pre-closure: Good Idea or a Bad Idea

What is Prepayment? Home loan prepayment can be understood as the early repayment of a home loan by a borrower. This can be done in part or sometimes full repayment. It is done in order to avail lower interest rates… Continue Reading →

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