Is pre-EMI a wise choice?

Answer-But if you want to sell the home as soon as you take possession, using the pre-EMI option may be preferable than making full EMI payments.

Answer-Typically, you are only obligated to begin paying interest on the loan amount disbursed (called the pre-EMI interest). If you want to begin principle repayment right away, you can choose to tranche the loan and begin making EMI payments on the total sums released.

Pre-EMI is it refundable?

Answer-In the pre-EMI option, just the interest portion of the mortgage is paid until the building is finished or is transferred.

Can I pay my EMI in front?

Answer-Yes, even if the interest rate is a fluctuating rate, you can choose to make EMI payments in advance.

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Friday, April 19

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What is Pre EMI?

Home Loan November 21, 2022

What is Pre EMI? On buildings that are still being built, pre-EMI options are available. With this option, the principal…

Browsing: what is pre emi

What is Pre EMI?

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Format of will in India

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