
Don’t take a home loan without watching this!! Besides all the benefits: - By taking a loan with your wife, the combined income increases the total incoming wages considered by lenders. - This higher combined income makes it possible to get a loan sanctioned for a higher amount, allowing you to opt for a better property.🏠💍✨ Many Indian states offer a partial or complete exemption on stamp duty and registration charges for women buying property as sole owner or joint owner. For Eg. In Delhi stamp duty for men is 6% but for women it is 4%. A 2% reduction in cost of Property Value It is important to remember that taking a joint applicant home loan is not the same as co-owning a property, especially if one of the owners is not an earning member. Here, the danger is that in the case of the death of the earning member, the non- earning member will be responsible for repayment of the loan-and with no income, they may find they have to foreclose the property entirely. home loan with spouse, higher loan eligibility, financial planning for newlyweds, money and matrimony] Starting video credit @jake100 . . Follow @shikharsuri_ for more such videos . #HomeLoanTips #TaxDeductions #MarriageAndMoney #FinancialPlanning #Newlyweds [home loan tax benefits, joint home loan, tax deductions for couples, co-owning property benefits
This post was published on 05th February, 2025 by Shikhar on his Instagram handle "@shikharsuri_ (Shikhar Suri)". Shikhar has total 1.1M followers on Instagram and has a total of 704 post.This post has received 151 Likes which are lower than the average likes that Shikhar gets. Shikhar receives an average engagement rate of 0.06% per post on Instagram. This post has received 2 comments which are lower than the average comments that Shikhar gets. Overall the engagement rate for this post was lower than the average for the profile. #MarriageAndMoney #TaxDeductions #Newlyweds #FinancialPlanning #HomeLoanTips has been used frequently in this Post.