Ask an Expert
Although our portal is chock-full of articles and other write-ups that simplify loans for you, there are bound to be occasions when such content is just not enough. You have a specific, personal issue that can only be solved by specific, personal answers.
The Ask An Expert section your own personal finance agony aunt page. You can ask any query related to personal finance here and get a reply - a personalized reply that will meet your specific needs.
I have read Terms and Conditions
 |
|
 |
||||||||||||||
|
||||||||||||||||
 |
 |
 |
 |
 |
 |
|
Date : Jul 19, 2008 Question Dear Mr. Roongta, As a co-owner and co-borrower repaying the entire loan will i get principal and int benefit of my actual contr till the limit of 1 lac and 1.5 lacs ? or it will be restricted to my share in the House Property i.e. Total Prin Repayment x my share % = 80 C deduction to me. Kindly clarify Answer You can claim tax deduction benefits as a co-borrower to the loan and co-owner to the property, to the extent of your
share in the loan. |
||
 |
|
 |
 |
 |
||
| 15673 | my wife and me jointly have a home loan. can we both avail the tax benefit of 1.5 lakhs on interest and 1 lakh | ||
| 15636 | Hi, I have bought a property in pune which is coming under grampanchayat, its a 1bhk flat please give me infor | ||
| 15615 | On the present market condition, it is good to go for Fixed or Floating int. for Home loan | ||
| 15597 | is i am eligible for home loan to buy a house from my father | ||
| 15593 | My name is suresh kumar I am working in Railway department and retiring after 4.8years can I get the home loa | ||
| 15391 | wow much loan should i take? age 30 sex: male married one child( 1 year) monthly income 31000 house hold | ||
| 15304 | Can I get Home loan for 100% principal amount | ||
| 15276 | i am in cental govt service. let me know the how much amount is eligible for me. my gross payment around Rs 23 | ||
| 15058 | hi i am nelson, i want home loan but my total work experience about 6 months could i get the loan from banks a | ||
| 15052 | I have the monthly take home of Rs 55K, how much i'm eligible to go for a new home? and which mode is better f | ||
| 15042 | I have taken a home loan for 25 Lakhs. I would like to do the partial prepayments.If I pay 2 Lakhs, how much i | ||
| 15041 | pl guide about home loan transfer from one bank to other | ||
| 15039 | REQUIRE HOME LOAN WHAT ARE THE NECESSARY THING TO REQUIRE THAT A PERSON CAN GET EASILY LOAN. THE PERESON SHOUL | ||
| 15008 | In case of Floating rate, there is some discount given on PLR(Prime Lending Rate). Does that discount remain s | ||
| 15005 | Floating Interest Rtae of HDFC Home Loans | ||
| 15002 | I am looking at buying a flat for 30 lakhs,i would avail a joint oan with my husband.our total take home is 55 | ||
| 14998 | i want to know which bank is best for taking home loan . is floting rate may down ?in 2004 i taking from icici | ||
| 14997 | what is the prosiger of home lone | ||
| 14996 | I am having Housing loan of ICICI Bank. Current Outstanding Amount is Rs. 87000/- Approx @ RoI 12.75% floating | ||
| 14994 | i took a loan from DHFL at 12.75 floting for 15 years EMI of 2285? i think its very high rates there is any lo | ||
| 14993 | Can I include my father who is a retired Govt Employee as a co applicant for home loan to increase loan amou | ||
| 14992 | Is this right time to take home loan | ||
| 14991 | I am Software engineer and want a personal loan of about 2lacks for purchasing of a land site. please suggest | ||
| 14988 | if i want to repay a loan then what is the policy? | ||
| 14987 | is it better to take a loanof rs 14 lac for 240 months or 120 months?i am pllanning to take a hom loan @8%fro | ||
| 14979 | I have a loan which was taken in August of 2004 @ a floating rate of 7%. today with the rise in roi the term h | ||
| 14978 | kindly let me know which bank is offering floating interest rate of 9.75-10.50 | ||
| 14977 | I was issued home loan from bhw home finance in the month april,08 with floating rate of interest 10.50%.Now t | ||
| 14971 | sir, how could i apply home loan ?please help me | ||
| 14970 | how can i renovate my family house by loan, my father have no income and also i have 2 minor siblings, my sala | ||
 |
|||