TIPS FOR EFFECTIVE HOME LOAN MANAGEMENT
Home Loan
Finance First
Make a monthly budget and stick to it to maximize cash flows.
Purchase house at a young age,where there is less monetary burden. It allows you to pay large EMIS
Larger EMI
Bigger Down Payment
Use investments that are reaping lesser returns to pay bigger down payment for home loans
Low interest rates
Explore, compare, and dig out different loan rates details to get the best bid
Partial Prepayment
Partial prepayment can help in lowering loan amount and tenure
Balance Transfer
You can transfer loan to another bank in case you find a better deal
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