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How do taxes affect future value calculations?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
Taxes can significantly impact an investment's future value, so they need to be factored into future value calculations.
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Can I use the part-prepayment calculator for joint home loans?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
Yes, part-prepayment calculators can be used to estimate benefits for joint home loans that have co-applicants.
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Is home renovation loan tax-free?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
Contrary to popular perception, there are tax benefits available on home renovation loans in India.
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How does part prepayment affect home loans?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
Prepayment and part-payment of home loans can benefit borrowers in multiple ways.
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What is the rule for part prepayment of a home loan?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
The rules for prepayment of a home loan in India varies from lender to lender.
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How much does your credit score improve when you pay off a credit card?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
Paying off credit card debt can give a nice boost to your credit score; however, the exact improvement will depend on your specific credit profile.
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How does the location of the property affect my eligibility for a home loan?

  • Posted:27th January, 2025
  • Updated:27th January, 2025

The location of the property you plan to purchase is an important factor that affects your home loan eligibility and loan amount approved.

Financial institutions do have some preferences when it comes to property location while sanctioning home loans.

They may offer higher loan amounts for properties situated within municipal limits of major metro cities as opposed to remote rural areas.

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