Mistakes to Avoid When Taking a Home Loan.<br /><br />1. Taking On More Home Loan Than You Can Manage.<br /><br />- How to Check the Right Home Loan Amount for You?<br /><br />a. Calculate Your Home Loan Eligibility<br />b. Calculate Approximate Home Loan EMI<br />c. Make Sure Your Debt is Less Than 40% of Your Income<br />d. Create a 6 Month Emergency Fund<br /><br />2. Not Doing Enough Market Research Before Finalizing Home Loan<br /><br />- Things to Look for When Doing Market Research.<br /><br />a. Housing Loan Interest Rates<br />b. Additional Charges & Fees<br />c. Tenure<br /><br />3. Forgetting to Insure Your Home Loan<br /><br />- What Happens if You Forget Home Loan Insurance?<br /><br />a. Your Family could Lose the House in case of Your Death, Disease or Disability<br />b. You won't be covered in case of Building Fire, Theft, etc.<br /><br />4. Not Taking an Official Acknowledgement of All the Original Documents You Submit to Your Home Loan Lender.<br /><br />5. Signing the Home Loan Documents Without Reading Through the Fine Print.<br /><br />- How to Go Through the Home Loan Agreement?<br /><br />a. Always Go Through the T&C Very Carefully Before Signing<br />b. Do Not Hesitate to Ask Your Home Loan Lender in Case of Any Doubts<br />c. Reconfirm Everything Written Inside the Agreement<br /><br />If you have any Queries, please leave a comment below.<br /><br />You can also reach out to us on our website: https://www.hdfcsales.com<br /><br />Here are the links to our Home Loan Calculators:<br /><br />- Home Loan Eligibility Calculator: https://www.hdfcsales.com/home-loan-e...<br />- Home Loan EMI Calculator: https://www.hdfcsales.com/home-loan-e...<br /><br />Músic by e-soundtrax: http://bit.ly/2CCbCAB<br /><br />HDFC Home Loans<br />Home Loans in India<br />How to Select Home Loan Policy<br />Home Loan Policies<br />Best Home Loan Policies in India<br />Home Loan Interest Rates<br />Housing Loans in India<br />Housing Loan Interest Rates<br />Housing Loan Policies<br />Apply for Home Loan in India<br />Apply for Housing Loan in India<br /><br />#homeloan #housingloan #hdfchomeloan
