25/11/2021 Financial & Legal Services
One of the most significant advantages of a mortgage loan is the low-interest rates it invites. Since a loan against property carries less risk for a borrower, the interest rates on it are lower compared to unsecured credit facilities. This feature, in turn, mitigates the repayment burden of borrowers considerably. You can also use a mortgage loan EMI calculator to know the total interest that you need to pay on the loan.
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