Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Gaurav Mohta | Answer |Ask -Follow

Answered on Aug 02, 2022

Question by Rahul on Aug 02, 2022Hindi

Money

From where can I get a loan for home and how can I repay the loan quickly?

Ans: For anyone looking to buy a new home, there are a number of options available in the market. However, no matter where you get a home loan from, the tenure of repayment is likely to be roughly around 15-25 years.

Repaying your home loan quickly is a very smart move as you can stand to make huge amounts of savings on interest outflow. By making small regular prepayments over and above your EMI every month, you could stand to save lakh of money in interest payments and repay your home loan months in advance.

The facility to make prepayments without any extra charge should be a key criterion in selection for a lender.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

MoneyReply

You may like to see similar questions and answers below

Gaurav Mohta | Answer |Ask -Follow

Answered on Aug 02, 2022

Question by Himanshee - Aug 02, 2022Hindi

Money

I am looking for a home loan which gives a full loan for buying a house. What advice do you have for me? Gaurav Mohta: Most lenders can only pay you a maximum of 80 per cent of the property value. The remaining 20 per cent must come from your side as down payment since it gives the lender the belief that you too have a skin in the game for the purchase. My advice to you would be to actually pay as much down payment as you can from your side to get a better deal on rate of home loan interest and thereby lower interest payments. Rahul Chakraborty: From where can I get a loan for home and how can I repay the loan quickly?

Ans: For anyone looking to buy a new home, there are a number of options available in the market. However, no matter where you get a home loan from, the tenure of repayment is likely to be roughly around 15-25 years.

Repaying your home loan quickly is a very smart move as you can stand to make huge amounts of savings on interest outflow. By making small regular prepayments over and above your EMI every month, you could stand to save lakh of money in interest payments and repay your home loan months in advance.

The facility to make prepayments without any extra charge should be a key criterion in selection for a lender.

Gaurav Mohta | Answer |Ask -Follow

Answered on Aug 02, 2022

Question by Rahul - Aug 02, 2022Hindi

Money

From where can I get a loan for home and how can I repay the loan quickly?

Ans: For anyone looking to buy a new home, there are a number of options available in the market. However, no matter where you get a home loan from, the tenure of repayment is likely to be roughly around 15-25 years.

Repaying your home loan quickly is a very smart move as you can stand to make huge amounts of savings on interest outflow. By making small regular prepayments over and above your EMI every month, you could stand to save lakh of money in interest payments and repay your home loan months in advance.

The facility to make prepayments without any extra charge should be a key criterion in selection for a lender.

Latest Questions

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Asked by Anonymous - Aug 23, 2024Hindi

Career

Hi iam 42 years old person having bsc, mlt, msc mlt in cl biochemistry and having 8 years plus experience suddenly lost job, now i am job less please helpme to find new job

Ans: Hello

Sorry to hear about your situation.

Please reach out to your network of friends and family.

Approach placement consultancy firms

Talk to your professional associates.

All the best.

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Asked by Anonymous - Aug 22, 2024

Career

I am working in a software MNC for 10+ years. My company has been laying off people last couple of years as cost cutting measure. Now Management is putting undue pressure on me to resign to avoid paying severance. They are trying to implicate me in false PIP if I don't resign myself. What should I do?

Ans: Hello

I am sorry to hear about your situation.

My suggestion would be please talk to your seniors and your HR and address it in an amicable manner.

Rest it's always upto the company.

All the Best

Warm Regards
KK

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by Pravin - Sep 13, 2024Hindi

Career

I am resigning on 12 April 2024 and send all documents need FNF SEND on 17 June 2024 till date my FNF not settled last updated is from HR person pending from Finance division

Ans: Dear Pravin

I can understand your situation.

Suggest you approach your senior and also your HR manager and resolve it in am amicable manner.

All the best.

Warm Regards

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by Naveen - Sep 17, 2024Hindi

Career

My manager is harassing me and want me to resign from my post as she want another candidate which aligned for same role

Ans: Hello Mr.Naveen

I am sorry to hear your situation.

There is not much you can do accept talk to your manager in an amicable way and resolve it.

All the Best

Warm Regards
KK

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Asked by Anonymous - Sep 20, 2024Hindi

Career

Hi sir, My manager threating me on my resignation period if I will not meet the targets she will not do my clearance please suggest if she can do this thing..

Ans: Hello

I am sorry I cannot comment on the behaviour of an individual. Suggest you talk to your seniors and HR and address it amicably.

Warm Regards
KK

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by SUBHRANSU - Jun 06, 2024Hindi

Career

Dear sir, Kindly tell me what is the difference between dismiss and termination from services Regards. S. M. Pattanaik

Ans: Dismissal could be temporary, while termination is permanent.

Both can be on account of misconduct

Hope this helps.

All the best.

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by Mukesh - Aug 30, 2024Hindi

Career

Dear Sir I am at age 50 and recently have lost job and for the last 5 months I am not able to get a new one .This thing has made me very nervous and anxious and I have lost my proper sleep.Pls guide

Ans: Hello Mr.Mukesh

I am sorry to hear about your situation and I can feel what you must be going through.

Start taking daily baby steps for job hunt.

1. Reach out to your network through friends and family.

2. Approach as many companies as possible.

3. Reach out to your professional associates.

4. Apply through online job portals.

Wishing you all the best.

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by Salima - Aug 21, 2024Hindi

Career

My boss has given me pip for last year performance and my company has awarded me for last year performance..what do i do

Ans: Hello

You mean you have been given performance improvement plan by your firm. If that is the case then you need to work upon it.

Wish you all the best.

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by SUGAVANAM - Aug 07, 2024Hindi

Career

I AM 57 YEARS OLD AND HAVING VAST EXPERIENCE IN ACCOUNTS / DATA ENTRY WORKS. REQUIRES PART TIME DATA ENTRY JOB (1 OR 2 DAYS PER WEEK)

Ans: Hello

Please approach local accountancy firms and offices in your city. I am sure they will be happy to engage you on part time basis.

All the best.

Nayagam P P |3800 Answers |Ask -Follow

Career Counsellor - Answered on Oct 04, 2024

Asked by Anonymous - Oct 03, 2024Hindi

Career

My son secured 94% in the 12th boards and 580 in neet. He later joined SRM ramapuram and took CE. He is not happy with the college. He feels research field will be a better choice for me. He wants to try ISSER. What are the chances to get into ISSER for UR category. What other colleges he can aim that ara good for research

Ans: As he is interested in Research, he can appear for some of the Entrance Exams for the same. Some options: (1) IAT for admission into any one of the 7-IISER Branches. Please note, IISER-Pune & IISER-Kolkota are considered top branches out of 7. (2) JEE Advanced to get admission into IISC and/or some of the IITs which offer Research-based UG Programs (3) Tata Institute of Fundamental Research (4) Homi Bhabha Centre for Science Education & (5) NISER-Bhubaneswar. All the BEST for Your Son's Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

See more questions »

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x