I am working as a outsource engineer for Vodafone. my in-hand salary income is 18,650/-p.m. wheather i am eligible for home loan and what are the documents required.
can u please let me know that if take a home loan for my property from my parents. what all documents are required to get a tax exemption on the interest of this home loan.
I am very scared to take the loan from bank as i only earn Rs 5000/- & My Husband earns Rs 10000/- Monthly & i want atleast 1500000/- so i much Bank can Provided the Loan.
Can u please let me know about the deduction available on interest paid on home loan(enhancement of home) and on principal amount. if the loan is in the name of dependent(Parents). Is it is possible to take the exeption for the same if so how much?
With so many deals coming up on home Loans, does the question of 'Getting the Best Deal on Home Loans?' really exist seeing at the current status of the market. And, if Yes, then what is that and its salient features. Kindly provide detail information on this, as I am looking forward to take a home loan.
I would like to know how can get the tax benefits from my fathers Home loan. He owns the house, but the emi is payed from my salary. Now i know that i can only get the tax benefits if the home loan is on my name... So ideally how should i go about in getting the tax benefits. Should i get the ownership of the house and loan transferred on my name. Is there any other options available for me?
A very good and informative article indeed. But please tell us something more about pre-payment of loans and how does it bring down the loan period effectively.
This is an excellent article. Since long I had been searching for some websites having such information, but this is the one where I got all the information.
