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home loan: Are you financially ready to buy a house worth Rs 50 lakh-Rs 70 lakh? Here's your the checklist

From down payment to equated monthly instalments (EMIs) to location to additional cost for registrations, you need to consider a range of factors before you sign on the dotted line on a home. If you are asking yourself "am I ready to buy a house?", and if you are a first-time buyer, it would be wise to make a checklist before starting the process. But before you start the process ask yourself if you earn adequately to buy a property.
Sanjeev Govila Brijesh Chokhra Adhil Shetty Rahul Mehrotra Raj Khosla Raoul Kapoor

home loan emi: Is it a good idea to settle loan or huge credit card bill if you can't pay EMIs? Know how to settle a loan

You can settle any type of loans — personal, auto, home, education, business or credit card debt. But it is of utmost importance to remain cautious of certain points while taking a decision on settling your loan as it will have a significant impact on your credit score and financial future. How one-time loan settlement works and how you can do it by yourself. ET Wealth explains
Gaurav Jalan Ravi Kishore Goyal Raj Khosla Raoul Kapoor Harish Parmar Rohit Chhibbar

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RBI keeps repo rate unchanged: What does this mean for your EMIs?

The monetary policy committee of the Reserve Bank of India voted unanimously to keep the repo rate unchanged at 6.50 per cent. Experts say this means those with existing home loans should see no change in EMIs. However, the question of whether a borrower should choose a floating or fixed rate going forward remains unanswered
Anshul Gupta Ajay Bagga Reserve Bank Why Norway Business Standard Economic Times

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