Question 1

Do you charge borrowers any fee?

Accepted Answer

No — our services are completely free for you. We earn a sourcing commission from the lender you finally choose, at identical rates across all partners, so our advice stays completely unbiased.

Question 2

What credit score do I need for a home loan?

Accepted Answer

Most lenders prefer 700+. Between 650 and 700, some HFCs will lend at slightly higher rates. Below 650, we usually suggest a 3–6 month credit improvement plan first — we'll tell you honestly where you stand.

Question 3

Fixed or floating interest rate?

Accepted Answer

Over 90% of Indian home loans are floating, and today floating rates are the better deal — fixed rates typically cost 1–2% more. We'll show you both side by side with the full math before you decide.

Question 4

How long does loan sanction take?

Accepted Answer

Median 5 working days from complete documents. Salaried applicants with clean paperwork can be sanctioned in 3–5 days; complex self-employed profiles may take 7–10 days.

Question 5

Can I get a loan if I am self-employed?

Accepted Answer

Yes — with 3 years of ITRs and business vintage. We work with lenders who genuinely understand non-salary income and cash flows, rather than force-fitting you into a salaried template.

Question 6

When does a balance transfer make sense?

Accepted Answer

When the rate gap is 0.5% or more and 5+ years of tenure remain. Below that, processing fees can eat the savings — our calculator on the balance transfer page shows the exact break-even.

Question 7

What is the maximum loan I can get?

Accepted Answer

Up to 90% of property value for loans up to ₹30 lakh (80% above ₹75 lakh), with all EMIs combined capped around 50–60% of monthly income.

Question 8

Is my data safe and confidential?

Accepted Answer

We share your details with lenders only after you explicitly approve, and we never sell data to third parties. See our privacy policy for full details.

Year	Opening Balance	Annual EMI	Principal Paid	Interest Paid	Closing Balance
Year 1	₹50,00,000	₹5,20,692	₹99,510	₹4,21,182	₹49,00,491
Year 2	₹49,00,491	₹5,20,692	₹1,08,306	₹4,12,386	₹47,92,185
Year 3	₹47,92,185	₹5,20,692	₹1,17,879	₹4,02,813	₹46,74,307
Year 4	₹46,74,307	₹5,20,692	₹1,28,297	₹3,92,395	₹45,46,009
Year 5	₹45,46,009	₹5,20,692	₹1,39,638	₹3,81,054	₹44,06,371
Year 6	₹44,06,371	₹5,20,692	₹1,51,981	₹3,68,711	₹42,54,390
Year 7	₹42,54,390	₹5,20,692	₹1,65,414	₹3,55,278	₹40,88,976
Year 8	₹40,88,976	₹5,20,692	₹1,80,038	₹3,40,654	₹39,08,940
Year 9	₹39,08,940	₹5,20,692	₹1,95,950	₹3,24,742	₹37,12,991
Year 10	₹37,12,991	₹5,20,692	₹2,13,270	₹3,07,422	₹34,99,722
Year 11	₹34,99,722	₹5,20,692	₹2,32,120	₹2,88,572	₹32,67,601
Year 12	₹32,67,601	₹5,20,692	₹2,52,637	₹2,68,055	₹30,14,963
Year 13	₹30,14,963	₹5,20,692	₹2,74,969	₹2,45,723	₹27,39,995
Year 14	₹27,39,995	₹5,20,692	₹2,99,274	₹2,21,418	₹24,40,721
Year 15	₹24,40,721	₹5,20,692	₹3,25,728	₹1,94,964	₹21,14,995
Year 16	₹21,14,995	₹5,20,692	₹3,54,518	₹1,66,174	₹17,60,477
Year 17	₹17,60,477	₹5,20,692	₹3,85,854	₹1,34,838	₹13,74,624
Year 18	₹13,74,624	₹5,20,692	₹4,19,959	₹1,00,733	₹9,54,664
Year 19	₹9,54,664	₹5,20,692	₹4,57,082	₹63,610	₹4,97,583
Year 20	₹4,97,583	₹5,20,692	₹4,97,482	₹23,210	₹101
Year 21	₹101	₹102	₹101	₹1	₹0

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