Category: House Purchase

<p>This article explores the math behind matching your EMI to your rent, highlights the role of rental yield and loan tenure, and helps you understand why leveraging your house purchase is a good decision.</p>

House Purchase Loans

Can You Buy a House with EMI Equal to Rent? Here's How

This article explores the math behind matching your EMI to your rent, highlights the role of rental yield and loan tenure, and helps you understand why leveraging your house purchase is a good decision.

Published: 9 January 2025

8 MIN READ

<p>This article explores how purchasing a house affects your retirement timeline, offering scenarios based on your early retirement goals.</p>

House Purchase FIRE

When should you buy a house if your goal is FIRE or early retirement? In your 30s, 40s or 50s?

This article explores how purchasing a house affects your retirement timeline, offering scenarios based on your early retirement goals.

Published: 15 December 2024

6 MIN READ

<p>This article gives you practical tips to pay off your home loan in case you are in your 40s and are concerned about potential income stability impacting your home loan.</p>

House Purchase Loans

Should you consider paying off your home loan faster in your 40s or 50s?

This article gives you practical tips to pay off your home loan in case you are in your 40s and are concerned about potential income stability impacting your home loan.

Published: 4 December 2024

5 MIN READ

<p>This article gives you the mathematical support regarding the financial and life-stage reasons to consider accelerating loan repayment, from income stability concerns to freeing up funds for retirement or children’s education.</p>

House Purchase Loans

Pay Off Your Home Loan Faster: How Extra EMI Payments Save Time and Money

This article gives you the mathematical support regarding the financial and life-stage reasons to consider accelerating loan repayment, from income stability concerns to freeing up funds for retirement or children’s education.

Published: 1 December 2024

6 MIN READ

<p>This article explores how your CTC translates to in-hand salary, maximum loan eligibility, and the right down payment for your dream house.</p>

House Purchase

How Much CTC Do You Need to Buy a ₹1 Crore Home in India?

This article explores how your CTC translates to in-hand salary, maximum loan eligibility, and the right down payment for your dream house.

Published: 27 November 2024

8 MIN READ

<p>This article breaks down the benefits of prepaying your home loan and how it impacts both your interest payments and tax savings.</p>

Calculator House Purchase Loans

How can you pay the least interest and get the most tax deduction on your home loan?

This article breaks down the benefits of prepaying your home loan and how it impacts both your interest payments and tax savings.

Published: 22 September 2024

15 MIN READ

<p>The article lists out the important points and steps that a resident Indian buyer should keep in mind when purchasing property from an NRI seller.</p>

House Purchase Tax

Which are the important points to keep in mind when buying a house from an NRI seller?

The article lists out the important points and steps that a resident Indian buyer should keep in mind when purchasing property from an NRI seller.

Published: 11 August 2024

16 MIN READ

<p>This article discusses the new LIC Digi Credit Plan (UIN: 512N358V01) policy and how it can be used as loan insurance for your home loan.</p>

Review Insurance House Purchase

Review: LIC Digi Credit Plan (UIN: 512N358V01) as loan insurance for your dream home

This article discusses the new LIC Digi Credit Plan (UIN: 512N358V01) policy and how it can be used as loan insurance for your home loan.

Published: 5 August 2024

4 MIN READ

<p>This article lists out the most important questions to ask your bank before taking a home loan.</p>

FAQ House Purchase Loans

32 Questions to Ask Your Bank Before Taking a Home Loan in India

This article lists out the most important questions to ask your bank before taking a home loan.

Published: 16 June 2024

11 MIN READ

<p>This article provides a clear guide to navigating the insurance requirements when securing a home loan, helping you make informed decisions.</p>

House Purchase Loans Insurance

Understanding Insurance Requirements for Home Loans in India: What's Mandatory and What's Optional?

This article provides a clear guide to navigating the insurance requirements when securing a home loan, helping you make informed decisions.

Published: 15 May 2024

4 MIN READ

<p>This article discusses the steps for investors in high-income brackets but hesitant to commit to a home loan due to the fear of job instability.</p>

Behaviour House Purchase Loans

How to manage a home loan if you are worried about job loss?

This article discusses the steps for investors in high-income brackets but hesitant to commit to a home loan due to the fear of job instability.

Published: 14 May 2024

11 MIN READ

<p>This article shows how to understand the impact on your portfolio if you stop investing for a few years between today and retirement to buy a house.</p>

House Purchase Mutual Funds

What happens to your mutual fund portfolio final value if you choose to buy a house?

This article shows how to understand the impact on your portfolio if you stop investing for a few years between today and retirement to buy a house.

Published: 8 May 2024

4 MIN READ

<p>This article shows how quickly you can pay off your home loan, and even save a lot of interest, by increasing your EMI steadily year-on-year.</p>

House Purchase Loans

How much time and interest do you save if you pay off your home loan using a step-up EMI?

This article shows how quickly you can pay off your home loan, and even save a lot of interest, by increasing your EMI steadily year-on-year.

Published: 1 May 2024

13 MIN READ

<p>This article explains what happens if you withdraw from your EPF to buy a house and who should or shouldn’t withdraw from EPF for this reason.</p>

House Purchase

Should you withdraw from your EPF to buy a house?

This article explains what happens if you withdraw from your EPF to buy a house and who should or shouldn’t withdraw from EPF for this reason.

Published: 21 April 2024

10 MIN READ

<p>This article shows you the right way to apply Section 54F to save tax when you sell shares and mutual funds to buy an under-construction house.</p>

Tax Calculator House Purchase

How to save tax using Section 54F for an under construction house?

This article shows you the right way to apply Section 54F to save tax when you sell shares and mutual funds to buy an under-construction house.

Published: 24 March 2024

7 MIN READ

<p>This article shows the minimum income needed to buy a luxury property in India.</p>

House Purchase

What should be your income to buy a luxury property in India?

This article shows the minimum income needed to buy a luxury property in India.

Published: 17 March 2024

9 MIN READ

<p>This article gives you some points to think about if you are buying a second house which is a luxury property.</p>

House Purchase

How to buy a second house which is a luxury property?

This article gives you some points to think about if you are buying a second house which is a luxury property.

Published: 28 February 2024

6 MIN READ

<p>This article helps you figure out how to purchase real estate priced over ₹1.5 crore.</p>

House Purchase

How to buy luxury property in India from salary income?

This article helps you figure out how to purchase real estate priced over ₹1.5 crore.

Published: 21 February 2024

10 MIN READ

<p>This article tells you why it is a good idea to buy a home jointly as a couple and it is not only the tax benefits you get.</p>

Tax House Purchase

Home loan tax benefits that you get when you buy a property jointly with your spouse

This article tells you why it is a good idea to buy a home jointly as a couple and it is not only the tax benefits you get.

Published: 18 February 2024

9 MIN READ

<p>This article shows you an easy way to calculate how big a house you can buy based on your family’s combined monthly salary.</p>

House Purchase Loans

Home Loan Eligibility for Joint Applicants: how to buy a bigger house

This article shows you an easy way to calculate how big a house you can buy based on your family’s combined monthly salary.

Published: 17 January 2024

18 MIN READ

<p>This article considers one risk on TDS payment due to an inoperative seller PAN card where the buyers ends up with an income tax notice to pay the remaining tax.</p>

Tax House Purchase

What is a hidden risk about TDS what buyers must consider before property purchase?

This article considers one risk on TDS payment due to an inoperative seller PAN card where the buyers ends up with an income tax notice to pay the remaining tax.

Published: 20 December 2023

5 MIN READ

<p>Home loan rate hike? You can prepay to keep EMI and tenor same. This post shows how.</p>

Loans House Purchase

Home Loan Rate Hiked? How Much Prepayment should you make to Keep EMI and Tenor Same?

Home loan rate hike? You can prepay to keep EMI and tenor same. This post shows how.

Published: 29 October 2023

10 MIN READ

<p>This article shows how paying a small fee to your bank to reduce your home loan rate can save you lakhs in interest over the life of your loan.</p>

Loans House Purchase

How paying a small fee to your bank can save you lakhs in home-loan interest?

This article shows how paying a small fee to your bank to reduce your home loan rate can save you lakhs in interest over the life of your loan.

Published: 11 October 2023

12 MIN READ

<p>This article shows you the benefits due to interest saving when you make a part-payment to your home loan. Your loan duration also reduces due to the pre-payment.</p>

Loans House Purchase

What benefit do you get if you make a one-time prepayment to your home loan?

This article shows you the benefits due to interest saving when you make a part-payment to your home loan. Your loan duration also reduces due to the pre-payment.

Published: 4 October 2023

11 MIN READ

<p>This article shows how sufficient cash flow is the key to purchasing a house, even if you are yet to save for the down payment.</p>

House Purchase Step by step

How to Buy Your Dream Home Without Any Savings: A Step-by-Step Guide

This article shows how sufficient cash flow is the key to purchasing a house, even if you are yet to save for the down payment.

Published: 30 September 2023

11 MIN READ

<p>This article shows a handy ready reckoner for home loan EMI amounts for all tenures and interest rates along with the amount of principal and interest to be paid.</p>

Loans House Purchase

How much EMI do I have to pay for my home loan?

This article shows a handy ready reckoner for home loan EMI amounts for all tenures and interest rates along with the amount of principal and interest to be paid.

Published: 29 September 2023

9 MIN READ

<p>This article explains the steps for paying TDS on purchasing property in an easy step-by-step manner.</p>

Tax Step by step House Purchase

How to file TDS for Property Purchase: A Step-by-Step Guide

This article explains the steps for paying TDS on purchasing property in an easy step-by-step manner.

Published: 3 September 2023

4 MIN READ

<p>This article explains the concept and steps for calculating TDS on purchasing property from builders, on resale or from NRIs, with and without a home loan.</p>

Tax House Purchase

TDS on Property Purchase: A Step-by-Step Guide

This article explains the concept and steps for calculating TDS on purchasing property from builders, on resale or from NRIs, with and without a home loan.

Published: 30 August 2023

6 MIN READ

<p>This article helps you decide when to prepay your home loan - at the beginning, middle or end of the total loan period.</p>

House Purchase

Should you prepay your home loan at the beginning or at the end of the tenure?

This article helps you decide when to prepay your home loan - at the beginning, middle or end of the total loan period.

Published: 19 March 2023

11 MIN READ

<p>This article offers the steps for identifying, quantifying and investing for buying your dream house.</p>

House Purchase Step by step Set Goals

SMART goals: investing step-by-step for buying your dream home

This article offers the steps for identifying, quantifying and investing for buying your dream house.

Published: 7 September 2022

11 MIN READ

<p>This article shows how to save capital gains taxes under income tax Section 54F when you sell other assets to raise money to buy your first or second house.</p>

Tax House Purchase Calculator

Sec 54F: a hack that can save lakhs in taxes when you buy a house

This article shows how to save capital gains taxes under income tax Section 54F when you sell other assets to raise money to buy your first or second house.

Published: 10 July 2022

12 MIN READ