|
|||||||||||||||||||
|
Get email alerts as people answer this question
Floating rate Home Loans
what is a floating rate of interested how it is calculated
Answers (1)
First Answer
Floating rate home loans have interest rates that are reset periodically depending on the general rate of interest rates in the banking system. Such loans subject you to the risk of steep rate escalations that may result in your repayment period being prolonged beyond that planned initially.
Answered by 
B malani, on Jul 3 at 1:09 am
B malani, on Jul 3 at 1:09 am
 | Real Estate Investing | (16) |
| Home Decor And Gardening | (3) |
| Home Loans & Property Financing | (35) |
| Brokers & Agents | (2) |
| Builders & Developers | (3) |
| Nri / Pio Queries | (5) |
| Property Taxation Queries | (10) |
| Real Estate Legal Queries | (8) |
| Vaastu Shastra & Fengshui | (1) |
| Rules, Regulations For Real Estate In India | (3) |
| Building Materials | (1) |
| Building Designs & Architects | (0) |
| Real Estate Services | (3) |