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Tag: loan math

How Does a Longer Home Loan Tenure Reduce the Pace of Loan Repayment?

Deepesh Raghaw

July 11, 2023

That’s how it should be, right? Longer home loan tenure means you want a longer period to repay the home loan. And that can happen only if you repay the loan slowly. Still, when I wrote about a 40-year home loan product a few weeks back and discussed how you would have paid only ~15%… Continue Reading

Should You Opt for Home Loan With Tenure of 40 Years?

Deepesh Raghaw

June 23, 2023

Bajaj Housing Finance has extended the tenure of its home loan products for new borrowers up to a maximum of 40 years. We are not used to seeing home loans of 40-year tenure. Before this, the maximum I had heard was 30 years. So, that’s a sharp jump. I don’t want to go into specifics… Continue Reading

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