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Home Loan Tenor: How to Choose the Right Term

Rameshkumar0130 Aug, 2024Finance

The home loan tenor you choose to go for affects the home loan interest rate you get, your monthly home loan EMIs and therefore, the total interest payout on your loan. It also has a direct impact on the cost of borrowing money. A long home loan tenor increases the total interest payout on one?s loan.

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