Home Loan
Home Loan for your goals
Are you thinking about purchasing or constructing your dream home? A home loan could be the solution you need to make that dream a reality. NaitGoal is a leading financial services marketplace that helps individuals find the best home loan deals in India. Here's everything you need to know about home loans and how NaitGoal can help.
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A home loan is a popular financing option for individuals looking to purchase or construct a residential property in India. NaitGoal can help you find the best home loan deal that suits your needs and budget.
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Hybrid approach to service myriad customer needs
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Flexible rates and tenures
Why Naitgoal?
NaitGoal offers a range of services to help you find the best home loan deal.
We have a team of experienced loan advisors who can guide you through the entire process, from choosing the right lender to completing the paperwork. We offer an online home loan EMI calculator, which can help you determine your loan eligibility and the estimated EMI amount. Additionally, you can submit your documents for a home loan online through their platform, making the entire process hassle-free and convenient.
Check Your EMI For Your Home Loan
Our Process
In the past, most brands would carry personal loan documentation offline. However, with digitization, we saw a tremendous rise in brands offering 100% paperless but online processes. We found both models convenient and decided to adopt a hybrid approach wherein Naitgoal could reach out to the customer the way they prefer - online or offline.
Eligibility Criteria
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To be eligible for a home loan, you need to be an Indian resident aged 21 years or above with a regular source of income. The maximum loan amount that can be availed depends on your income, credit history, and the value of the property you are looking to purchase. Banks and housing finance companies usually require a minimum down payment of 10% to 25% of the property value, depending on the loan amount.
Interest Rates
Home loan interest rates in India can be fixed or floating, depending on the lender's policy. Fixed-rate home loans have a fixed interest rate throughout the loan tenure, while floating-rate home loans have a variable interest rate that is linked to the lender's base rate. The interest rate charged by the lender also depends on your credit score, loan amount, and repayment capacity. NaitGoal helps you compare the interest rates offered by different lenders before choosing a home loan.
Repayment Options
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Home loan repayment options in India are generally flexible and depend on your preference. The most common repayment option is equated monthly instalments (EMIs), which include both the principal and interest components. The loan tenure for home loans in India can range from 5 years to 30 years, depending on your age and repayment capacity. You can also opt for a pre-payment facility, which allows you to repay the loan amount before the due date without any penalty.