Looking to Pay Your Home Loan Faster?
Consider yourself covered! We've got you some easy-to-follow fips
You can borrow money to buy a new home but it means an obligation to repay. So, borrow only if you can easily repay.
#1 Check affordability
If you have the finances, try to pay maximum down payment instead of opting for a higher loan amount.
#2 Higher down payment
Go shopping for lowest interest rates on home loans. Bargain with banks before borrowing!
#3 Lowest interest rate
If you have a good-sized regular income, why not pay higher EMIs to clear your home loan faster.
#4 Pay higher EMIs
The shorter the loan tenure, the faster you'll be able to clear your loan
#5 Choose shorter tenure
Missing payments means slower loan repayment and also penalties, so never miss any EMIs.
#6 Never miss payments
To calculate your home LOAN EMI use the link below
Home Loan EMI Calculator