I have taken a floating rate housing loan and have made a part pre-payment. The interest rate have also reduced twice since the date the loan was disbursed to my account. I have opted for reduction in the loan tenure instead of reduction in the installment amount. Can somebody provide me the formula/excel sheet format to calculate the revised tenure of the loan?
Can Home Loan & Educational Loan be taken together?
Currently I have taken a Home loan Rs 30 Lacs (Emi 32000) , next year i am planning to a MBA in IIM , ISB which would cost me around 11 - 17 Lacs. I want to know that whether bank will allow for 1 year moratorium period during my education for Home Loan EMI. Also I would like to know that banks will provide Education Loan if I have already Home Loan running.
How many percentage between the home loan principles & interest amount?
Per Annum I Paid Against Home Loan Rs. 85800/-(Rs.7150 x 12 months ),So, My question is,How many amount relax-able from my tax saving & what percentage calculated Between Housing loan principle & interest amount.
Advice about choosing bank for home loan?
Dear answerers, I'm planning to purchase a flat in bangalore for which I need to get home loan. Please suggest any bank which provides good service, and also good interest rates. The builder has tied up with ING Vyasa bank and pushing me to go with that. Any feedback about. ING?
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