Fixed vs Floating Interest Rate: Which Home Loan is Better?

A fixed interest rate on a home loan remains constant throughout the tenure, offering stable and predictable EMIs, making it ideal for risk-averse borrowers. In contrast, a floating interest rate fluctuates with market conditions, and EMIs may increase or decrease accordingly. While floating rates may offer savings when rates drop, they carry some uncertainty. The better option depends on your financial stability, risk appetite, and expectations of future interest rate trends.

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