Results for #homeloan

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Answered on November 09, 2017
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  • Home loans can be generally availed between 7.5%-9% depending on the amount and the tenure of the loan. It generally varies from bank to bank though. SBI has the lowest interest rates in the country

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    Answered on November 09, 2017
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  •  It should be noted that home loan EMIs will not go up since service tax is not levied on them and hence they will not be taxable under GST. However, loan processing fee and prepayment charges, etc., where service tax was levied will go up nominally, on virtue of GST


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    Answered on November 09, 2017
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  • It is all subject to the interest rate offered by any institution. However, some top names are ICICI, HDFC, SBI, Axis bank, Karnataka Bank, LIC Housing finance to name a few

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    Answered on November 09, 2017
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  • This is subject to the terms of the agreement with the institution. Certain banks have a prepayment penalty that needs to be paid. However, if the loan period left is considerably high, it may be a good option to pay the balance amount because the interest payment can really pile up over a long period of time. However, you should also consider your individual tax implications/exemptions while d...
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