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Time to choose fixed rate loan?


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charan
nice
by charan on Aug 23, 2006 07:38 PM

its nice article indeed

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Prakash akka
Did fixed interest rate changes after 3 or 5 years.
by Prakash akka on Aug 14, 2006 10:14 AM

Dear sir,

I have taken 15,00,000 Housing loan,floating interest 9.0% for 20 years.

I heard that fixed interest also changes after 3 or 5 years.

Which is good whether floating or fixed interest if i want to pay amount monthly more than EMI.

regards,
Prakash akka

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