We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

Home Loan - 15 or 30 Years - Which is Best Option?

If you are on the verge of buying a home; than you can not do without a home loan and now another dilemma commences is that whether one should go for 15 years or 30 years loan.

If you are going for 30 year loan just to bring down the EMI; than you are in for a trouble as you are paying much more for a house as compared to a 15 year EMI loan. Going for a 30 year loan may be also a pointer to the fact that you are probably going for a house beyond your means.

Unless you have some sort of incredibly compelling and unusual reason for preferring a 30 year home loan, you should be getting a 15 year home loan. If it looks like you can’t afford the payments on the 15-year home loan, then you need to be looking at a lower-priced property to buy.

Thus to sum up we can say that a 15 year home loan is better than 30 year home loan as you will be in control of situation post buying the house.  Check the reason why home loan be not repaid before time here.

Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9