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When it comes to finance and loan while buying a car, many people take wrong decisions in haste. The dealer tells you an attractive monthly installment i.e. EMI, the bank tells you the interest rate and the buyer’s entire focus goes only on how to keep the monthly installment as minimum as possible. But do…
Home Loan Refinance Calculations: Buying a home is an important financial goal for most people. Since real estate rates are rising, home loan tickets are also getting bigger. It is common when the interest a borrower pays in a home loan surpasses the principal amount. Specially in long-duration loans such as 30 years, it can…
Home Loan Interest Saving Tips: When the Reserve Bank of India (RBI) cuts the repo rate, a lot of borrowers wait for lenders to cut the interest rate of their loans. Such a rate cut from the lenders helps save borrowers a substantial amount on their long-term loans. Loans such as home loans are linked…