India Today

Take that EMI load off your back: How to renegotiate interest rate on home loan

How to renegotiate the interest rate on your home loan.

If you have bought a house on borrowed money, EMIs, or equated monthly instalments, are likely to be the deepest cuts in your monthly budget.

EMI amounts, in turn, are a function of interest rates. Most banks are currently offering new borrowers home loans at an interest of 8.35 8.5 per cent. The rate, however,

You’re reading a preview, subscribe to read more.

More from India Today

India Today1 min readPolitical Ideologies
What Works For The Two Parties
↘ The Modi factor. There appears to be no viable alternative to the PM, making him the single-largest poll plank for BJP ↘ Well-oiled BJP election machinery and organisation, which has recently delivered Chhattisgarh to the party in the 2023 assembly
India Today1 min read
Deep Dive into Luxury
With a ceramic bezel, a blue lacquer dial bearing the name ‘Deepsea’ in powdered yellow and a luminescent display, this legendary diver’s watch is a standout in both form and function. The Oyster Perpetual Rolex Deepsea comes in 18 carat yellow gold
India Today2 min read
A Sluggish Pace
PRIVATE INVESTMENT, ALONG WITH CONSUMPTION, government spending and exports, is a key component of growth. After the NDA came to power in 2014, private investment increased initially, but soon began to slow down. Total value of completed investment p

Related Books & Audiobooks