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Pros and cons of taking a joint home loan with a sibling

Pros and cons of taking a joint home loan with a sibling
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Last Updated: Jun 07, 2021, 06:30 AM IST
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Synopsis
As the name implies, a joint home loan is a loan that you take with another person, usually a spouse or a sibling. Chances of getting a home loan at attractive interest rates are much higher in a joint home loan compared to the regular one.
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As per the income tax regulations, a joint home loan will allow both the co-borrowers to claim tax benefits under Section 80C.
Priya has realised that buying a house isn’t easy in a metro like Delhi, where she has been working with a famous design house for the past seven years. She hails from a small town and has always dreamt of having a house of her own in the city, not too far away from her workplace. ....

Interest Rate , Income Tax Benefits , Joint Home Loan , Section 80c , ஆர்வம் ரேட் , வருமானம் வரி நன்மைகள் , கூட்டு வீடு கடன் ,

New Book - Today's Annuities by Industry Leader Harry N. Stout Guides Consumers Through the World of Annuities (financialverse.com/annuity)

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VERO BEACH, Fla., Dec. 16, 2020 /PRNewswire/ Consumers are facing an income crisis and are scrambling to generate income from their accumulated assets. With low interest rates there are few places to look to generate protected lifetime income streams. The most misunderstood and underutilized available products are annuities. Research has shown that one of the major reasons consumers overlook annuities is that they don t understand the products. They don t understand how to use these products as a tool to create protected lifetime income.
Today s Annuity Products - A Tool to Create Protected Lifetime Income
New book Today s Annuity Products is a must read to understand annuity products and how they work ....

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