1 / 7

Home loan interest rates at lowest take advantage to buy a house now

Home loan Eligiblity calculator- Enter you gross income, interest rate and tenure to check you loan amount and loan EMI with the loan eligiblity calculator<br>

RobbinKendy
Download Presentation

Home loan interest rates at lowest take advantage to buy a house now

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Online Home Loan

  2. Home loan interest rates at lowest take advantage to buy a house now

  3. THREE forces have shaped the real estate market in recent times. Interest rates for home loans are the lowest in many years. • There’s a lot of unsold inventory and demand is low. • This slowing down of the real estate market therefore presents an opportunity for interested buyers.

  4. Impact of the home loan rate While buying a home with a Online Home Loan, buyers have two options: fixed rate or a floating rate. • Since interest rates are expected to fall further, most people would opt for a floating rate. • Even a small cut in the interest rate could make a huge difference in the total payment outgo in long tenure of, say, 20, 25, or 30 years

  5. Since the interest rate has already fallen to a single digit, home buyers can use this opportunity to make their bookings. • Home loan is a long-term debt, therefore the ups and downs of the interest rate get averaged in the long run. • Therefore, if you are getting a good deal, you should make the most of it. • Source: http://www.financialexpress.com/industry/companies/take-advantage-of-slowdown-in-real-estate-market-to-buy-a-house/387333/

  6. Follow us on : https://www.facebook.com/HDFCHomeLoanExperts https://twitter.com/HomeLoansByHDFC https://www.youtube.com/user/hdfcltd https://www.linkedin.com/company/hdfc?trk=top_nav_home

  7. Click to know more on Online Home Loan https://www.hdfc.com/home-loan-eligibility-calculator Thank You…

More Related