Individuals can calculate their monthly installments beforehand via a home loan calculator by following the steps mentioned in the article. Read this tips carefully to minimise the chances of defaulting on payments.

Are you willing to apply for a housing loan and move or construct your dream home? If yes, the first thing is to meet your lender’s eligibility conditions. Many people don’t consider a few factors before applying for a home loan and suffer. Let’s check out a few aspects that you need to note while…

Borrowers can also use a PMAY EMI calculator alongside this specialised tool to gain a comprehensive understanding of their monthly repayment liability for an informed borrowing decision. Borrowers must, however, know about the PMAYU or PMAYG category they belong to for easy use of the home loan EMI…

By taking note of these pointers, one can successfully enhance his/her housing loan eligibility Maintain a good repayment history Increase credit score Maintain a low credit utilisation ratio Keep your FOIR low Apply for a joint home loan Repay existing debt Make a higher down…

PMAY is housing initiative, which was launched by central government of India in 2015. This scheme aims to provide affordable housing to the low-income, middle-income groups, and economically weaker society sections by 2022. According to a report, nearly Rs.1.66 lakh crores has been invested in this…

In today’s era buying a new home is really a big step in everyone’s life and with the real estate sector offers plenty of promise, now it is a good time to invest in the property. While the prospect of a new house seems exciting, and the steps towards it should be well planned. A well-thought move…