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Blazewada
Celebrity Bewarse
Username: Blazewada

Post Number: 25983
Registered: 08-2008
Posted From: 58.182.87.144

Rating: N/A
Votes: 0

Posted on Saturday, February 27, 2016 - 10:57 am:   


Mrbezawada:




refinance cheste entha benefit avuddi anedi calc cheskondri.

plus ipudu preclosure or early termination ki penalty anedi ledu chala banks ki, or minimal fees on outstanding due.

refinance calculator:

http://economictimes.indiatimes.com/personal-finance/calculators/home-loan-refin ance-calculator


Interest rate is crucial.
This is the key factor to be considered while refinancing one's home loan. If you are getting a difference of 0.75-1% between your existing rate and the rate of refinancing, you will end up saving money in the long run.

Switch from floating rate to fixed rate of interest benefits you.
If you are currently on a floating rate of interest and getting the chance of refinancing at a lower rate, you may want to lock yourself in the low fixed rate. This will protect you from interest rate fluctuations that happen due to the impact of macroeconomic factors.
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