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