The RBI has kept the repo rate unchanged at 5.25% in its latest Monetary Policy Committee (MPC) meeting. For home loan borrowers, this means there is no immediate change in the benchmark policy rate. However, an unchanged repo rate does not guarantee that you’re paying the lowest home loan interest rate. Banks and NBFCs continue…
Switching your home loan to a new lender for a lower interest rate sounds like an easy win but the real question is: how much will you actually save once you factor in fees, remaining tenure, and the new EMI schedule? That’s exactly what a balance transfer savings calculator helps you figure out before you…
If you’re paying a home loan at a high interest rate while banks around you are offering much better deals, you might be leaving money on the table every single month. That’s where a home loan balance transfer comes in a simple financial move that lets you shift your outstanding loan to a new lender…
Understand home loan tax benefits under Section 24(b), 80C, and 80EEA, how much you can claim on interest and principal, eligibility rules, and how to maximize your savings. A home loan doesn’t just help you buy a house. It can also significantly reduce your tax outgo. The Income Tax Act offers deductions on both the…
Confused between an under-construction and ready-to-move property? Compare home loan eligibility, interest rate, disbursal, tax benefits, and risk to choose the right option. One of the biggest decisions before you apply for a home loan isn’t just which lender to choose it’s whether you buy an under-construction property or a ready-to-move-in home. Both options affect…
Wondering about the best age to take a home loan in India? Compare home loan eligibility, tenure, EMI and interest rate at 25, 35, and 45 to make the smartest decision. There’s no single “right” age to take a home loan but there is a best age for you, based on your income, credit score,…
If you’ve come into extra money, whether from a bonus, an investment maturing, or a windfall, one of the most common questions is whether to use it to prepay part of your home loan or close it entirely. Both save you interest, but the right choice depends on your loan stage, your other financial goals,…
When a home loan EMI starts to feel heavy, the instinctive move for many borrowers is to ask the bank to extend the tenure. It brings the EMI down, but it also means paying interest for many more years, often costing far more overall. The good news is there are several ways to genuinely lower…
If you’re taking a new home loan, or wondering whether to switch an existing one, the choice between MCLR and repo linked pricing decides how quickly your EMI reacts to RBI’s rate decisions. In 2026, with the repo rate holding steady at 5.25% and home loan rates hovering around 8.5% to 9.5% across lenders, this…
It seems logical: if one lender might reject you, apply to several at once and let the best offer win. But when it comes to home loans, this strategy can quietly work against you. Here’s what’s actually happening behind the scenes, and how many applications are genuinely safe. Before you apply anywhere, it’s worth checking…