Before fulfilling your dream of buying a house, it is very important to understand the home loan interest rates. Know the advantages and disadvantages of floating and fixed rates.

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In fixed rate EMI remains constant, while floating rate varies according to the market. Choose the right option as per your need and budget.

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Credit score, income, loan tenure, and RBI policies play a vital role in deciding the home loan interest rate.

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Bank of India has the lowest rate of 8.35%. Other banks like SBI, HDFC, and Axis Bank have rates starting from 8.50%.

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Maintain a high credit score, avail offers, and get a loan at a lower interest rate by paying a higher down payment.

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Compare interest rates, loan tenure, EMI, and processing fees. Make sure the EMI fits your budget.

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