Are you dreaming of
buying your new home? Here are some important financial aspects to consider
before buying your new home.
• Financial planning
You should have a
proper financial planning before buying your new home. Review your current
financial obligations such as loans, EMI s, insurance etc. Have a right picture of your true income and
plan accordingly. Apart from the property price, you should consider the
registration charges, maintenance charge, stamp duty etc. Find out how much you can pay as the down
payment on the property it should be a minimum of 20% of the property price.
Compare different home loan products offered by various banks and choose the
right one.
• Improve credit score
The credit score is an
important factor to consider as it determines your home loan eligibility. Check
your credit score online and ensure it is in a better range.
• Right loan
Before choosing the
right home loan, keep in mind the
important parameters such as EMI, home loan interest rate, duration of the
loan, processing fee etc.
Heather Homes, one of
the trusted names in builders in Trivandrum offers a choice of unique luxury
homes, apartments in Trivandrum, of world-class standards. Heather Ferns, flats in Trivandrum, is a flagship residential project by Heather Homes.
To Know More Heather Homes
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