4 Must Use Tools for Home Buyers in India
When you’re buying a home, you’ll have to do more homework than you did in your entire student life. Don’t believe us? Ask someone in your immediate circle and they will dispel all your doubts.We decided to give you a helping hand during your home work, not unlike the guide books that you might have used to solve particularly tough math problems when you were preparing for your board exams.Here’s presenting a few essential tools that you, as a prospective home buyer need to have at your disposal.
1. Area conversion calculator
If you’re purchasing land from someone who doesn’t know how to convert the available area into your preferred mode of measurement (square feet), don’t worry. If they give you the units in Hectares, Acres, Bighas or Cents, this handy area conversion calculator will help you out in a jiffy. Visit Area conversion calculator
2. Home loan comparison tool
You’re buying a house and want to take up a home loan. The numbers of home loan options out there are more than the Baskin Robbins’ flavors available. How do you know which flavor loan you should choose? Use this comparison tool and choose the best option that suits your requirements. Visit Home loan comparison tool
3. Home Loan Eligibility Calculator
Banks will check to see how much loan they can pay you, based on a few parameters such as income, savings, home loan tenure and so on. Think of it as being similar to how your work experience and quality of credentials can help get you a salary package that you require, when you’re switching jobs. A home loan eligibility calculator gives you a realistic estimate of how much loan you can ask for, from the bank. Use it to arrive at a sum and stay ahead of the banks! Visit Home Loan Eligibility Calculator
4. EMI calculator
The clincher! If you’ve got to think this far, you’ve done a fair bit of homework and now, it is submission and evaluation time! This EMI calculator gives you the amount out of your paycheck that you need to spare every month as you march on towards full home ownership. The EMI will include a few additional charges such as processing fees, foreclosure charges and insurance that you need to look into. Check out EMI calculatorIn addition to this, we have an exhaustive list of more essential tools and resources that you can avail from ApnaPaise.com for all your home loan (and personal loan and car loan) needs!