Home Loan Interest Rates 2020

If you have taken a home loan before 1st October 2019, your interest rate must have changed recently. Many banks have cut the interest rate for such customers. Even then, is your Home Loan Interest Rate the lowest? Even if your interest rate is... Read More

Given the importance a good credit score holds to loan approvals, one may get surprised to know that home loans can be given to individuals who are new to credit or have a bad credit history. What makes lenders give a home loan to these applicants... Read More

As the average home loan amount will most likely be around INR 30-50 lakh given the prevailing property prices, the interest rate needs to be substantially lower so that your homeownership cost remains to the minimum level. In case you choose a home... Read More

Home loan interest rates have come down substantially to 7%-8.50% now as banks cut rates aggressively in response to 250 basis point cut in the repo rate by the Reserve Bank of India since 2019. Even housing finance companies have cut the rates much... Read More

To buy your dream home you can borrow funds from the DCB Bank. And the bank offers loans up to INR 5 crore. The user can get either a fixed or floating interest rate over the loan. While a fixed rate loan will imply the same rate of interest... Read More

The affordable Interest rate of the Union Bank of India Home makes it attractive for borrowers. Ranging from per annum, the low interest rates help you in reducing your repayment amount. Individuals can make smooth repayment and also maintain a... Read More

Buying more than one home is common with most and, that too, on a home loan. While the interest rate for the first two homes can match with the prevailing market rate, the rate for the third one and furthermore acquisitions will be a few percent... Read More

Differences exist everywhere including your very own home loan. Even as the home loan is available to both salaried and self-employed, differences exist in their respective interest rates. This brings a difference in the Equated Monthly Installment... Read More

A good credit score of 750 and above heightens the possibility of getting a home loan at a lower rate of interest. And, with lower rates, you can save a lot on the interest outgo on a loan that can potentially run for as long as 20-30 years. Lenders... Read More

Lower interest rates are sought across loans and more so in home loans. The scope for interest payment is much more in a home loan due to its longevity and average ticket size. While the loan can run for as long as 20-30 years, the average ticket... Read More