Category Archives: Loan Interest Rate

How to get an affordable interest rate on your personal loan

How to get an affordable interest rate on your personal loan Personal loans are a type of loan which you can take for a non-commercial purpose eg. Re-decoration of a house, holidays etc. This is used to finance personal needs

Educational LoanA smarter way to know your education loan well

Educational LoanA smarter way to know your education loan well Education is the inevitable right of every child. Government and private finance firms understand the need of this valuable resource for children successful life. Therefore, they constantly strive to make

How to get the best out of your interest rate with the Home Loan EMI Calculator?

How to get the best out of your interest rate with the Home Loan EMI Calculator? Opting for a home loan to purchase a property offers one with plenty of benefits. While one can easily get the required funds, there

3 Factors you should be aware of about Home Loan Interest Rates

3 Factors you should be aware of about Home Loan Interest Rates Owning a home is a wish everyone has. These days there are quite a few financial institutions and banks that are ready to lend a home loan. But

Factors to keep in mind when selecting Home Loan interest rates

Factors to keep in mind when selecting Home Loan interest rates When applying for a home loan there are a number of factors one needs to keep in mind. One of factors one needs to keep in mind. Opting for

4 Facts You Should Know About Home Loan Rates

4 Facts You Should Know About Home Loan Rates A home loan is a big investment plan. The amount of which could range over lakhs of rupees. The interest component along with the other charges generally charged by the financial

Essentials of Locking in your Mortgage Interest Rate

Essentials of Locking in your Mortgage Interest Rate Home loans are all about getting the dream home you have always wanted and at the same time getting it without the need to shell out a huge amount of cash at

Find Best Car Loan Interest Rates

Find Best Car Loan Interest Rates When searching for a car loan, the most significant part of finding one is the interest rate that applied on vehicle you purchased. You obviously do not want to get a rate too high,

The Impact of Mortgage Interest Rate

The Impact of Mortgage Interest Rate Mortgage interest rate is the interest rate banks set to customers who take out credit using collateral. This mortgage interest rate is determined depending on the type of bank loan taken. Credits for consumption

Factors to keep in mind when selecting an interest rate for Home Loans

Factors to keep in mind when selecting an interest rate for Home Loans Home loan rates are influenced by several factors. These include the principal amount, repayment tenure and interest rate amongst many other important factors. While one can easily

Different Types Of Home Loan Rates – Explained!

Different Types Of Home Loan Rates – Explained! Isn’t fixed rate very predictable? But, hybrid rate will make EMI easier to pay right? Oh, floating rate will have the zero prepayment charges. Won’t that be fabulous? These kinds of questions

Getting the Best Home Loan Interest Rates

Getting the Best Home Loan Interest Rates Interest rates are a very important deciding factor in comparing home loans. Interest rates are always a hot topic because they determine how much your home will ultimately cost and how much you

Check The Interest Rate Before Buying A Car

Check The Interest Rate Before Buying A Car Do you have poor credit? Looking out for a car at some stage or the other in life is a common thing. Even if a person has a poor credit history, the

Advantages and Disadvantages of Fixed and Variable Interest Rate Home Mortgage Loans

Advantages and Disadvantages of Fixed and Variable Interest Rate Home Mortgage Loans One of the most expensive financial investments that most people make in their lifetime is for sure a home mortgage loan. Deciding which loan is the best for

Factors That Affect Your Interest Rate

Factors That Affect Your Interest Rate Numerous factors come into play when determining the interest rate you’ll pay on a home loan. Downpayment The higher the percentage of the purchase price that you can afford to make as a down

Could You Get A Lower Interest Rate?

Could You Get A Lower Interest Rate? If you obtained a loan such as a car loan, unsecured personal loan or a mortgage when the interest rates were high you may now be able to get a lower interest rate.

How Banks Mitigate Risk Of A Loan By Using An Interest Rate Hedge

How Banks Mitigate Risk Of A Loan By Using An Interest Rate Hedge Financial organizations such as banks that regularly make loans to customers can have exposure to risk from modifications to interest rates. Anytime an interest rate floats or

Loan against property scores over personal loans

Loan against property scores over personal loans A loan against property (LAP) is exactly what the name implies — a loan given or disbursed by mortgaging property. The loan is given as a certain percentage of the property’s market value,