Financial planning for your home should always involve a thorough comparison of the home loan interest rate available across lenders. The interest rate directly impacts your EMI and the total repayment amount, making it a critical component in your budgeting. Floating rates can be beneficial when market rates fall, while fixed rates provide consistency in EMI. To get a better home loan interest rate, maintain a good credit score and stable income. Online platforms and bank portals help in comparing current offers and selecting the one that best suits your long-term financial goals.
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