FAQ
Default solution folder, feel free to edit or delete it.
EMI (Equated Monthly Installment) is the amount payable to the lending institution every month, till the loan is paid back in full. It consists of a portion...
Sat, 14 Jun, 2014 at 11:03 AM
Interest rates are different from institution to institution and generally range from about 8.75% to around 12 %. The interest on home loans in India is usu...
Wed, 4 Dec, 2013 at 12:22 PM
Some institutions have a fixed rate of interest, which means the rate of interest remains unchanged for the entire duration of the loan. This means you do n...
Thu, 28 Nov, 2013 at 3:51 PM
This is the rate of interest that fluctuates according to the market lending rate. This means you stand the risk of paying more than you budgeted for in cas...
Thu, 28 Nov, 2013 at 3:45 PM