8 effective ways to lower your home loan EMIs

Reducing home loan EMIs can be achieved through various methods. Firstly, one should explore different lenders and compare their interest rates. Additionally, opting for a longer loan tenure can decrease the monthly payment, but it may result in paying more in total. Maintaining a good credit score is crucial, as it improves trustworthiness and can lead to better deals. Making extra payments, paying a larger sum at the beginning, and taking advantage of special offers or balance transfers can also help in reducing the burden of home loan EMIs.

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