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Showing posts from August, 2021

Home Loan Guide for First Time Home Buyers in India

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Buying your own home for the first time evokes a lot of emotions. Exhaustion and excitement - you can feel it all at once, and for good reason. No matter how much we value it, you can't buy a home by adding it to your shopping cart or browsing the catalog. This requires months or even years of smart strategic planning and careful financial decisions. So when you're ready to welcome your dream retreat, here are some tips to get you started.   Know your needs In order to align your home to suit your needs and expectations, the first thing you need to do is to study your current lifestyle and find out what kind of environment you live in. Suburbs, city or country? Urban and suburban areas often offer excellent social, educational and career opportunities, ideal for starting families and connecting with local communities. However, if you want to get away from the noise of big city life, a house in the countryside will be of great help to you. Before you decide on one, make ...

Is Your Home Loan Interest Rate the Lowest?

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Nothing can be more fruitful than an affordable home loan . After all, it fulfills your wish to own a home at an affordable cost. It is not easy to finance a home all by yourself. That is when you need a home loan to meet your needs. If you are trying to get your hands on a new home, you must try to get the right deal. You know you can make the best use of a home loan when you have the lowest rate. The rates vary from 6% to almost 15% and more. You can calculate home loan interest easily with a home loan calculator. A rate of interest is never a fixed one and is subject to changes and factors. When you think of borrowing, you should try to get the lowest rate to keep your loan costs and EMI both under control. How do you get the lowest one? Here are some of the factors that you need to set right. ●       Choose a marvelous property: A good property is not just important for you, but for the financial institutions as well. The better the property, the easier i...