Finance Buddha Blog

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home loan prepayment

How to Find the Best Home Loan in Your City?

Home buying has been much simplified with the advent called home loans. Because of the easy access to home loans, a huge number of people can now afford homes without much financial pressure. While buying a home through bank finance… Continue Reading →

Home Loan vs Home Construction Loan

One can achieve one’s home of dreams in many different ways. Some of us like to own a readymade house whereas some others like to see their home being built exactly the way they planned it to be. It is… Continue Reading →

How to Get the Best Home Loan Rates

One of the most commonly used funding source for procurement of a home is housing loan. This is available in India and it’s promoted by the government with low interest rates. Bank officials will visit the property to check if… 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 →

Renting vs Buying a Home: Which is Better?

Owning a house is everyone’s dream. Owning a house is the biggest thing most of us would achieve in life and hence it brings a sense of achievement and provides a permanent shelter for our loved ones. Owning a house… Continue Reading →

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

What is a Home Loan Pre-closure? Home loan pre-closure 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… Continue Reading →

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