New Tax Regime and How You Think About Loan Prepayments

Budget 2025 has made the New Tax regime more attractive, but we know that the new tax regime comes with certain restrictions. You do not get tax deduction for investments under Section 80C, specific expenses (health insurance under Section 80D, house rent/HRA) and loan repayments (home loan and education loan). Hence, as a taxpayer, you… Continue Reading

3 Types of Home Loan Borrowers

Given the prices of houses in our country, almost everyone must take a home loan to purchase their dream house. It is not that all buyers lack the capacity to buy a house out of their own funds. However, from what I have been, as the income (affordability) rises, so does the desire for a… Continue Reading

How to Close Your Home Loan Quickly?

I have not found too many people who are not in a rush to close their home loans. For some, the obsession is so high that they put everything else, even long-term investments, on the back burner while they focus on closing their home loans. Do you belong to the same group? Nothing wrong in… Continue Reading

Whom Does the Home Loan Rate Hikes Hurt More?

An interest rate hike hurts all borrowers. For the same service (loan), you must pay more every month. Or pay the same amount but for a longer period. Neither is a desirable outcome for a borrower. And yes, the rate hikes hurt the borrower running a tight budget a bit more. In such cases, the… Continue Reading