Do EMIs paid towards home loan repayment offer any tax-saving benefits?
Yes, as per prevalent tax laws, a taxpayer can claim tax reliefs on the repayment of their home loans.
FAQs
- What kind of information does the housing loan EMI calculator require to compute the EMI?
- What kind of collateral does a home loan require?
- Is buying a home insurance plan necessary for a home loan application approval?
- Does one need to upload any documents to use the housing loan EMI calculator?
- What is meant by a home loan amortization schedule?
