Tactics to save money while buying a house in 2022
A person financial planning can help you to save lot of money 💰 when you buy home in 2022.
Making topic wise information to keep you updated in a short time .
1. Tax savings on Home Loan
2. Select bank with lower Interest Home Loan.
3. Most important to Avail benefit of Pradhan Mantri Awas Yojana (PMAY)
4. Always Take Home loan insurance with home loan.
5. Check Loan Pre-closure option.
6. Find best options for property and Negotiate on that behalf.
7. Check whether you are paying GST on property or not .
Important Instruction- Tax is only applicable on under-construction property and not on ready to move. Make sure to question this.
8. Registering property in name of female will give you relief of 1% . That is huge or low depending upon cost of property.
Before looking for property and check offers , be sure to check credit scores.The higher your credit score, the more chance you have of getting a decent mortgage.
If you are new in property buying,must use mortgage calculator.
Think about the overall cost of buying a home. Features like Property basic cost,car parking, Maintenance charges etc.