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Home Loan repayment and monthly installment

Home Loan repayment and monthly installment
Equated Monthly Installment or EMI can be defined as a fixed payment amount levied by a lender from a borrower at a specified date of each calendar month. According to the loan, the monthly installments are calculated to pay off both interest and principal each month, so that over a specified time period, the loan [...] Continue Reading »

Budget 2013 boosts affordable housing sector

Budget 2013 boosts affordable housing sector
NBH is setting up an Urban Housing Fund with an allocation of Rs 2,000 crore  to infuse liquidity for urban housing and to boost demand in the city. According to NHB, the budget will boost the affordable housing with an additional interest benefit of Rs 1 lakh on first-time home loans up to Rs 25 [...] Continue Reading »



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