Home Loan Archive

Two terms often surface when talking about securing loans: mortgage and collateral. While both terms are frequently associated with loans, they serve different purposes. A mortgage is a loan secured specifically by real estate, whereas collateral refers to any asset pledged to secure a loan. Understanding the distinction between these…

In 2024, India's housing market reached a 12-year high, with sales increasing by 7% to over 3.5 lakh units across eight major cities. This surge was driven by increasing demand for premium homes, particularly in the ₹2-5 crore segment, which saw an 85% annual growth. Despite these developments, home loan…

A home loan is a financial product that helps people buy or build their dream homes without paying the full cost upfront. The bank or lender provides the money, which the borrower repays in monthly instalments, including interest. These loans often require proof of income, ID, and property details. Understanding…

Foreclosing a home loan allows borrowers to repay their loan before the end of their tenure, offering an opportunity to save on interest payments. However, this process often comes with home loan foreclosure charges, which vary based on the type of loan and lender policies. Understanding the impact of these…

You've found your dream home. But before you can settle in, there's one crucial step: securing a home loan. And that means gathering specific documents required for a housing loan. Homeownership is a dream for many, but the path to realising that dream can be cluttered with paperwork. The list…

Your home loan is a significant financial commitment, and you deserve to have control over it. While interest rates are undoubtedly important, they're not the only factor to consider when choosing a home loan lender. Many other factors, from processing fees to customer service, can significantly impact your borrowing experience.…

Choosing between EMI and tenure options can be challenging when planning your home loan repayment strategy. Effectively managing these two aspects is essential for optimising your loan and reaching your financial goals. Balancing EMI affordability to reduce overall interest is key to effective home loan management. This blog will help…

Think about unveiling a hidden savings vault within your home loan. That’s what home loan refinancing can feel like. Refinancing a home loan is helpful for homeowners looking to save money on their loans. By refinancing, you replace your current loan with a new one with better terms, such as…

When financing life’s major goals like buying a home, comparing a home loan vs a gold loan can help you find the best option. Each provides a secure way to fund your needs but serves different purposes. A home loan is designed for long-term investments, offering higher loan amounts and…

We have compiled a list of the best banks for a home loan in India 2025 based on the home loan value it offers to the borrower. These banks offer a variety of home loan programs with numerous advantages and features. Some of the advantages of such home loans are…