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Posts tagged Finance

How to decide between a fixed interest and floating interest rate home loan – some tips and pointers

Now that you have decided that you need to take a home loan to buy your dream house, the next query is about selecting the bank from which to take a loan, as well as whether you should go in for a fixed vs. floating interest home loan. I have some friends who have taken [...]

Steps to ensure that you have completed the checklist for applying for a home loan

In most cases, when you are looking to buy a house, you would be looking at getting a home loan (there are few normal middle class folks who can buy a house on cash); and to get a home loan, even though a bank says that it is very easy, there are steps to be [...]

Treatment of tax – Selling a new house and buying a new house – what happens to the capital gains?

It is a fairly common issue, where a person sells an old house and buys a new house. This can be done when a person is investing in real estate, it happens when a person finds that the old house they have is not big enough for their family, or when they need to move [...]

Estimating the impact of risks on your finances and what steps to take

There are plenty of risks in this life of ours, and many of them impact our finances. Consider the following example. A couple of years ago (as also in the big stock market crash of 2000-2001), there were a lot of stories of people who ran into huge problems with respect to their finances. Some [...]

How to estimate the total amount of insurance required – what should be the overall value

How much life insurance to take is one of the biggest questions that a person should calculate (and keep on calculating every couple of years); it is also one of the questions that most people do not get right. When you are taking life insurance, the idea is that you are doing some contingency planning [...]



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