Bewerbungen » erest you pay on a property loan

COLOMBO Cheap Jordan Staal Hat , Oct. 23 (Xinhua) -- Sri Lankan President Mahinda Rajapaksa on Thursday expressed concern over the escalating terrorism in the world following the shooting at Canada's parliament.


The president in a Twitter message said it is "very disturbing to see increasing terrorist acts in many countries, now even in Canada," and called on the countries to unite in fighting terrorism.


"We must unite as equal partners to fight this menace," the president added.


A gunman on Wednesday shot and killed a soldier at an Ottawa war memorial Cheap Noah Hanifin Hat , before dying in a shootout with police inside the Canadian parliament.


Sri Lanka ended a brutal three decade war with the Liberation Tigers of Tamil Eelam (LTTE) in 2009.


However, since then the government has come under fire for its human rights record and allegations of war crimes committed during the last phase of the conflict.


Canada in particular has been staunchly critical of President Rajapaksa's government and backed a resolution earlier this year along with the U.S. and Britain at the United Nations Human Rights Council (UNHRC) to appoint an international investigation panel into Sri Lanka's rights record.

The best way to finance your property investments

Posted by anuragmishra on July 17th, 2017


Investing in property is a trend as old as time. For years people have thought of property as a safe and financially sound investment. And if you have too decided to invest in property and fixed on a piece of real estate or house you like, the puck inevitably stops at finding the finance to purchase this property. But there is one simple solution to the finance dilemma; it is to take a property loan. This article will explain why a property loan is one of the best ways to finance your investment in real estate.


Firstly Cheap Jeff Skinner Hat , the down payment is very less:
With property loans, the bank or financial institute will foot up to 80% or 90% of the total amount required to purchase a piece of real estate or property, leaving you to pay only the remaining 10 to 20 percent of the amount. This means ownership will be yours with a considerably smaller initial payment. On the other hand, saving money to buy property would take years and probably by the time you’ve saved enough the property value would have increased considerably.


Lower Interest Rate:
The interest rates on home loans vary between 8.35% and 12% Cheap Justin Faulk Hat , which is quite low. Considering the inflation rate and the way property is appreciating year after year, it’s financially more viable to pay the interest now than to pay highly exuberant rates for the same property 10 years from now. Another point with the interest rates is that they are subject to market performance and government policies, meaning they could drop considerably over the term of your loan. And while the interest rates drop, the value of your investment only goes up. Take for example the people who took out home loans in 1995 at 18% Cheap Teuvo Teravainen Hoodie , not only did the interest fall by more than 9% in the next decade, the value of property in India also boomed at the same time.


Tax saving benefits:
Interest rates normally scare people away, but this cost can actual pay dividends through saving on the income tax you pay. Under Section 24(b) of the Income Tax Act, 1961 Cheap Jaccob Slavin Hoodie , you can avail tax deductions of up to Rs 1.5 lakh against the total interest you pay on a property loan for purchase or construction of a house property. Not only that, under section 80C of the Indian Income Tax Act, 1961, you can also avail tax deductions of up to 1 lakh on the principal repayment. That’s one lakh deducted every year from your taxable income over the entire tenure of your loan.


These are just the benefits of the property loan. But say you rent out the property you’ve invested in Cheap Victor Rask Hoodie , you can use that amount to pay your EMIs, this means your investment is literally helping you pay the loan amount back. And of course, once the loan tenure is over the prop