FreeFive steps, in order.
Cut your home loan interest
Find out if you pay too much, then ask for less. Each step links to a free tool or a plain-words guide.
1. Know what you have
Your rate, benchmark and fees decide everything else.
Am I overpaying?
Your rate against what lenders list today.
Loan report
Read your Key Fact Statement in plain words.
EBLR vs MCLR: which home loan rate are you on, and should you switch?
EBLR is tied to the RBI repo rate and resets at least every three months. MCLR is set by your bank. Learn how to find yours in your sanction letter and how to switch.
What is a KFS (Key Fact Statement)? How to read your loan's fine print
A Key Fact Statement tells you the real cost of a loan in plain words. See what it must contain, what APR means and a 10-point checklist to catch hidden charges.
2. Ask your own lender first
A letter costs nothing and often works.
How to reduce your home loan interest: 7 ways that work
Seven practical ways to pay less interest on your home loan in India: lower spread, EBLR, transfer, prepay, an extra EMI and more, with real numbers.
Why your home loan EMI did not change after a rate cut
The repo rate fell but your EMI did not move. Four reasons: tenure took the change, no reset yet, you are on MCLR, or your spread. How to check each.
RBI raised the repo rate to 5.50%: what it means for your home loan EMI
RBI raised the repo rate by 25 bps to 5.50% on 7 October 2026. See what it does to your home loan EMI or tenure, when your rate resets and what to do now.
3. Decide whether to switch
Count every fee before you move.
Should I switch?
A yes or no after fees, with the months to break even.
Is a home loan balance transfer worth it? A 5-minute check
When does moving your home loan to a cheaper lender save money? The rate gap that matters, every cost to count, a worked example and a break-even formula.
Home loan balance transfer: the documents checklist
The papers a new lender usually asks for when you move a home loan, the ones you must get from your current lender, and the order to collect them in.
4. Pay it off sooner
Part-payments save the most early in the loan.
Pay off sooner
Extra payments and step-up EMIs.
Part prepayment on a home loan: reduce EMI or reduce tenure?
Which saves more when you part-prepay your home loan: a lower EMI or a shorter tenure? A worked example, the rule to remember and how to tell your lender.
Is there a prepayment charge on a floating-rate home loan?
RBI bars prepayment charges on floating-rate loans to individuals sanctioned or renewed from 1 January 2026. What it covers, what it does not, and what to check.
5. Stay protected
Keep your EMI safe and your tax right.
What if rates rise?
Your EMI against income if rates move.
Cost after tax
The effective rate after the tax deduction.
Repo rate alerts
An email after each RBI decision.
What CIBIL score do you need for a home loan, and how it changes your rate
Most lenders prefer a credit score of 750 or higher for a home loan. See how your score changes your interest rate, how to improve it, and how to check your report.
Home loan tax benefits in 2026: old vs new regime, in plain words
How much tax can a home loan save? The ₹2 lakh interest and ₹1.5 lakh principal limits, what changes under the new regime and the new Income-tax Act 2025.