Page 5 - Home Loan Rate

Planning to take a home loan? A snapshot of rates offered by various banks

Here's how the home loan rates by public and private sector banks stack up

Planning to take loan against property? Go for overdraft option to cut cost

Interest has to be paid only on the amount used

Stimulus for borrowers

The inherent belief of the powers-that-be appears to be that a new home loan is the only way to provide a fillip to economic activity

From HDFC to SBI, look beyond interest rate when taking a home loan

Loan tenure should not exceed your date of retirement

Home loan to get more expensive as housing finance cos raise lending rates

HDFC's revised home loan interest rates now range from 8.4 per cent to 8.7 per cent, whereas PNB Housing Finance's is from 8.4 per cent to 11.75 per cent

Switch lenders if home loan rate is too high; go for banks over HFCs

New borrowers should go for banks over HFCs as the new benchmark - MCLR - is more transparent

Check total cost, not just home loan rate

Buyers should weigh Tata Housing-Indiabulls Housing Finance offer against others where they can negotiate on home price and loan rate separately