Online Home Loan | Mortgage Loan | Home Loan Guide is best app for home loan. we provident home with low interest rate and easy to apply process. 

What is Home Loan?

A home loan is an amount of money that an individual borrows from a bank or money lending company at a certain rate of interest to be paid with the EMI every month. The property is taken as a security by the money lending company for the Home Loan.

Home loan Interest Rate

Home loan Interest rates range from 8.60% to 11.15% p.a. Different bank provide different interest rates.

Basic Requirements for Home Loans :-

- Be at least 18 years old.

- Have an active checking account.

- Provide some proof of income as well as valid identification.

 

Example:

Duration:  61 days-365 days

Loan amount: $100 to $10,000

Minimum Annual Percentage Rate (APR):  5%
Maximum Annual Percentage Rate (APR):  10%

 

Processing fees: $100

Loan amount = $1,00,000

APR of loan = 5%

Loan term =  15 years

Daily Interest = $1,00,000 x 5% / 15x365days = $1

Total Interest = $1,00,000 x 5% = $5000

Daily Repayment = $1,00,000 / 15x365 + $1  = $19.26

Repayment = $1,05,000 + (Processing fees) $100 = $1,05,100

Total Repayment = $1,05,100

 

No other hidden fees applicable to your loans!

 

NOTE: This Application Only Provide Guideline for How To Apply loan on mobile and not give any type of loan to you.

Our service “Online Home Loan | Mortgage Loan | Home Loan Guide” is not a lender and does not issue loans. All lenders who are compared have a corresponding license of a credit institution.

**Our service is not a lender and does not issue loans. All lenders who are compared have a corresponding license of a credit institution.