Loans or Investments: Make an Informed Decision

A loan for one is an investment for another. And vice versa. Your loan (liability) is an investment for the bank. Your investment in a bank FD is a liability for the bank. Similarly, your insurance investment is a liability for the insurance company (in cases where the returns are guaranteed). We have seen how… Continue Reading

My Favourite Tax-Saving Investment

A quick disclaimer to begin. My favourite tax-saving investment does not have to be your favourite tax-saving investment and we can always agree to disagree. We discussed “Things to consider before investing in a tax-saving product” in an earlier post. The post is a good primer on how to think about your tax-saving choices. My… Continue Reading

What Are Step-down Home Loans?

With how much it costs to purchase a house these days, it is not easy for most people to purchase a house outright. Many of us have to take a home loan if we want to purchase our dream house. On our website, we have discussed interesting home loan products. One of those products is… Continue Reading

What Is the Ideal Age to Take a Home Loan?

Most of us don’t have the luxury to purchase a house without a home loan. So, if you plan to purchase a house, you have to take a home loan at some point during your working years. A question that may cross your mind, “What is the ideal age to take a home loan?” Should… Continue Reading

Should You Opt for a Reverse Mortgage Loan?

A Reverse Mortgage Loan (RML) can provide a useful income stream for senior citizens during their retirement. You can monetize your residential property and generate income while continuing to retain the ownership so long as you are alive. I have discussed Reverse Mortgage loans in detail in another post. In this post, I will look… Continue Reading

ICICI Bank Extraa Home Loan – Our Review

In an earlier post, I had talked about ICICI Bank Step-up Home Loan, where the applicants could get higher loan eligibility than regular home loans due to moratorium on principal repayment for a few years. However, the limitation with Step-up loan was that the maximum age was capped at 40 years, the loan tenure was… Continue Reading