Loan Resources & Guides

We cover essential loan concepts every borrower should understand — including interest rate types (floating vs fixed), key ratios like LTV and FOIR, RBI guidelines, RERA regulations, prepayment strategies, and a comprehensive glossary of 100+ lending terms. Each guide is written in plain language with practical examples.

The RBI repo rate is the rate at which commercial banks borrow from the central bank. When the repo rate changes, banks adjust their lending rates (linked via EBLR or MCLR), which in turn changes your floating-rate loan EMI. A 0.25% repo rate cut on a 30-lakh home loan can save you roughly Rs 500 per month. Read our repo rate guide for the full explanation.

For long-tenure loans like home loans, floating rates are generally better because they trend downward over time and are currently 1-2.5% lower than fixed rates. For short-tenure loans (1-3 years), fixed rates offer predictability. Our floating vs fixed rate guide walks you through the decision in detail.

LTV (Loan-to-Value) ratio determines how much a bank will lend relative to the property value — typically 75-90% for home loans. FOIR (Fixed Obligation to Income Ratio) measures your existing EMI burden against your income — banks prefer it below 50-60%. Both ratios are critical for loan approval. Explore our LTV guide and FOIR guide for calculations and tips.