Home loan poster

What is Home Loan? Home loan is a form of secured loan that is availed by a customer to purchase a house. The property can be an under-construction or a ready property from a developer, purchase of a resale property, to construct a housing unit on a plot of land, to make improvements and extensions to an already existing house and to transfer your existing home loan availed from another financial institution to HDFC. A housing loan is repaid through equated monthly installments (EMI)

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When the amount of the outstanding debt is bigger, it is desirable to transfer a mortgage in lieu of sourcing funds from your savings or searching for other options. A home loan's EMI consists of the main amount and the interest amount, just like any other EMI. Homeloans4U provides you with a home loan balance transfer at a lower interest rate.

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