Buying a home is a significant financial commitment, and most homebuyers rely on home loans to fund their purchase. One of the key aspects of a home loan is its tenure. While many borrowers … READ FULL STORY
Securing a home loan is a significant financial commitment that often involves careful consideration of various factors. Among these, the home loan tenure holds a pivotal role in shaping your financial journey towards homeownership. … READ FULL STORY
Home loans are typically of high value, and these are repaid through a long repayment span, better known as long tenure. In most cases, home loan tenure spans between 20 and 30 years. During … READ FULL STORY
June 13, 2023: Bajaj Housing Finance, a subsidiary of Bajaj Finance, has extended its home loan tenure to 40 years from 30 years for salaried applicants who are new homebuyers, according to an official … READ FULL STORY
Most financial experts advise home buyers to opt for a longer home loan repayment tenure, stating benefits like lower EMI burden and tax benefits. While in some cases, shorter repayment tenure may not be … READ FULL STORY
For prospective home buyers, opting for a home loan is a significant step in their home-buying journey. With several banks and financial institutions in the market today, selecting the right lender is not an … READ FULL STORY
This is that time of the year, when you may get a substantial amount as your annual bonus, if you are a salaried individual. Some of you might also have made some savings and … READ FULL STORY
Parties involved in real estate transactions, often hear many unique sector-related terms. This may often be confusing, especially for first-time buyers during an already complicated and stressful home-buying journey. In this article, we simplify … READ FULL STORY
The home loan tenure and home loan amount are positively correlated. So, higher the home loan tenure that you opt for, higher is the home loan eligibility, subject to the minimum margin requirement relative … READ FULL STORY
Buying a house seems to be an important goal, not only for newly-married people, but also for people who are single and earning and are planning to marry, unlike the previous generations who would … READ FULL STORY
