Tag: home loan balance transfer

How Home Loan Calculators Help?

Given the loan amount, interest rate and home loan tenure, how many of us can calculate the quantum of EMI? I bet not many can. And most of those who can require spreadsheet software to calculate. We have written about how reducing balance home loans work. The post explains about the workings of EMI calculations.… Continue Reading

Factors to Consider When Refinancing Home Loan

I have been getting many queries from home loan borrowers pertaining to shift from base rate to MCLR? I have discussed this aspect in an earlier post. Even though the option of switching from base rate to MCLR is worth exploring, there is another option that many borrowers can exercise when it comes to Home loans:… Continue Reading