One of the problems of being an Investment Advisor is that even friends bring up money topics while casual discussions. Recently, I was talking to a friend who is planning to buy his first house. Though he can very well…
Read More How Can You Boost Your Chances of Getting Approved for a Home Loan?
When you take a home loan, you may want to prepay it quickly. I have heard this many times that doing a SIP of 1% of Home Loan Amount can be a good idea. Some refer to it as SIP…
Read More Doing SIP of 1% of Home loan – SIP Trick? (Analysis 2025)
Home Loan EMI Vs Mutual Fund SIP is one of the many dilemmas that home loan borrowers face. They think where using MF SIP to prepay home loan makes sense or not. There are others dilemmas too. Some questions that…
Many buyers prefer to opt for under-construction properties as the prices of such properties are lower than the prevailing market rates of ready-to-move-in properties. So it's more affordable for them as they would need to take a smaller home loan…
Read More How to Claim deduction on Home Loan Interest for Under-Construction House (2025)?
I am sure you already know what the Full EMI of home loan means. But what is Pre-EMI of Home Loans in India (2025)? The Pre-EMI option is available in case one is buying an under-construction property, where disbursement of…
Read More What is Pre EMI Vs Full EMI in Home Loan: Which is better (2025)?
If there already weren’t too many variables in the buying-a-property decision, the added burden of sensibly choosing between an under-construction Vs. ready-to-move-in property in India is another one. If you are a prospective buyer sitting on the sidelines till now,…
Read More Ready-to-Move-In Vs. Under-Construction House? Which is Better (2025)?
Can both husband and wife claim income tax deduction for home loan repayment? Or, How do I claim tax benefit on a joint home loan? Or, Can both husband and wife claim housing loan benefits? These are some questions with…
Few days back, I wrote home loan interest rates are down to historic lows of sub-7%. The reason is first that the interest-rate scenario is pretty low in general and also because the key lenders are looking to give some…
Home loan rates in India have been low for some time now. Compared to a time just a few years ago when rates were 8-9%, right now these are even below 7%. Just yesterday I was reading that country’s largest…
Read More Home Loan Rates below 6.7%. Should you buy a house now?
Almost everyone in India wants to have a house of their own someday. But strong desires alone are not sufficient for this. One needs to have the money to back this decision. And given the sky rocketing property prices in…
Read More Home Loan Tax Deduction Benefits (2025: All You Need to Know)
As soon as they take a home loan, most people start thinking about how to prepay home loan quickly and close it as soon as possible. For home loan borrowers, doing home loan prepayment can be financially beneficial as it…
If you have taken a home loan and have seen how home loan EMI works, you would have realized that the home loan principal gets paid off very slowly during the initial years. But why is it so? We discuss…
Read More Why Home Loan Principal gets paid off slowly in the initial years (2025)?
A new income tax relief has been announced for homebuyers by the government in 2020-21. The benefit is available to buyers if they purchase a residential real estate of value of up to Rs 2 crore (i.e. below Rs 2…
Read More Buying residential house up to Rs 2 crore? A new Income Tax Relief for you
How to quickly Prepay 25-year Rs 50 lakh home loan in just a few years. House purchase in India (2025) is one of the biggest decisions for most people, both financially and emotionally. So if you have purchased a house…
Read More How to quickly Prepay Rs 50 lakh home loan in just a few years?
This might seem like a no brainer. But I have seen many people cleaning up all their savings to reduce the home loan they are taking. And that is not right from a risk perspective. It means that (for a…
Read More Don’t use all your Savings for Downpayment & to reduce Home Loan!
