Lower your EMI otherwise reduce your Financial tenure? That’s a lot more common?
Opting for a mortgage the most prominent a way to pick a property. You will do search, assess debt existence and choose the home Financing tenure and EMI matter that fits your role. But what any time you manage in case the interest levels increase, putting you inside the a fix?
It is vital to just remember that , alterations in the brand new RBI’s repo rate has an effect on your residence Mortgage EMIs.