Housing Loan Interest Rate

Housing Loan Interest Rate

Blog Article

The housing loan interest rate directly affects your monthly EMI and total loan cost. It varies based on factors like credit score, loan tenure, and lender policies. Fixed and floating rates offer different advantages; choosing the right one depends on your financial stability. Comparing rates across different lenders helps secure the best deal. A lower interest rate can significantly reduce repayment burdens, making your homeownership journey more affordable.