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Why Pay Rent When you can buy your Home

People generally have two options when it comes to where they live and ultimately call home. One is to rent a home that someone else owns and the other is to purchase a home for themselves.

People who decide to buy a house often do so because they are ready to settle down in one location and are ready to make a financial investment. When a person has the money to buy a home it may also be less expensive over time than renting. Further it’s all the banks and Financial Institutions are eager to offer loans are a very premium rate of interest. Also the government of India if pushing their objective of home ownership by way of subsidies on affordable home segment to first time home buyers.

One need to understand whether to pay the rental or to start paying EMI on the home loan being an owner of your own home. To know this we need to understand the basics of EMI and Rent

        First – What Is EMI?

An Equated Monthly Installment (EMI) is usually a fixed amount of money that you need to pay your bank or lender every month as repayment of a home loan you have availed, until your loan is totally repaid. It is essentially made up of two parts, the principal amount and the interest on the principal amount, divided across each month of the loan tenure. The EMI is always paid to the bank or lender on a fixed date each month. This could be done though post-dated cheques issued in favor of the lender or by providing auto debit instructions to your bank for the same. Calculate Your Home Loan EMI for Free

Second -What Is Rent?

A payment made periodically by a tenant to a landlord in return for the use of land, a building, an apartment, an office, or other property.

  Which One is the Better Option?

One Person is paying monthly house rent to landlord of amount Rs 10,000 every month and after 6-12 months rent will become increase or after completing the agreement person will find the new House, new landlord, new place to live Is this Relevant…..?


The person who is paying monthly home loan EMI to bank of amount Rs 12000 every month and after some years when the loan EMI is completed the person will become the owner of the house. This option is better in many ways the primary one is that owning a house is an Investment which will keep on appreciating every year

The Most Important Thing which you should know about Home Loan is…

With a drop in rate of interest in home loan by the banks and Financial Institutions purchase of property have become easy and affordable. Also government of India is pushing their initiative of affordable housing projects, with their loud slogan “Housing for All”.  This project is specially designed for the middle and lower income segments where the government is passing the subsidy to the first time home buyers. This facility further makes the housing in the reach of everyone with a better pricing to buy a house.

Now Home Loan for up to 30 lakh for salaried women rate of interest has reduced to 8.35%. For home loan amount above 30 lakh to 75lakh the rate of interest has reduced to 8.40% for the home loan amount above 75 lakh the rate of interest charge by 8.50%. So wakeup!!

What are you waiting for….??….Apply for Home Loan Now….

                              Say Yes to “EMI” & No to “Rent”

                            We make your loan process simple…











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