Home Purchase
Acquire a new or resale residential property with competitive rates and tenures up to 30 years.
Housing Finance
Step into your new home with clarity.
From purchase to construction, Finyra Solutions helps you navigate home finance with structured guidance, competitive rates, and better-fit institutional options.
₹1Cr+
Typical higher-ticket
Up to 30Y
Flexible tenures
1:1
Dedicated support
Home Loan Solutions
Financing structured around your property goals.
Buying a home is a milestone. We ensure the financing process is smooth, transparent, and aligned with your financial capacity.
Construction Loan
Finance the building of your home on a self-owned plot, with funds disbursed in tranches as construction progresses.
Home Renovation
Upgrade, repair, or extend your existing home with specialized improvement financing.
Balance Transfer & Top-up
Move your existing high-interest home loan to a better rate, and optionally secure additional top-up funds.
Why Finyra
A home loan is a long-term commitment.
Choosing the wrong structure can cost you lakhs over 20 years. We help you evaluate interest rate types, pre-payment policies, and processing fees to find true value.
Co-Applicant Structuring
We help structure co-applicants to maximize loan eligibility and optimize tax benefits.
Property Technicals
Guidance on APF (Approved Project Finance) and technical/legal clearances required by banks.
End-to-end support
From initial application to final disbursal and property registration guidance.
Approval factors
What lenders evaluate
01
Income & Employment Stability
Consistent salary credits or solid ITRs are crucial. Your FOIR (Fixed Obligation to Income Ratio) determines the limit.
02
Credit Score (CIBIL)
A score above 750 generally unlocks the lowest interest rates and easiest processing.
03
Property Value & LTV
Lenders typically finance 75% to 90% of the property's evaluated cost (Loan-to-Value ratio).
04
Age & Tenure
Maximum tenure is usually capped at retirement age (60 for salaried, 65 for self-employed).
Final loan amount and terms are subject to the lender's technical and legal evaluation of the property and the applicant's credit profile.
How it works
A clear path from requirement to keys.
We handle the institutional coordination so you can focus on your new home.
01 · ASSESS
Check Eligibility
We analyze your income and property choice to estimate your maximum sanction limit.
02 · MATCH
Compare Options
Review offers from top banks focusing on interest rates, processing fees, and pre-payment terms.
03 · SANCTION
Legal & Technical
We coordinate the property valuation and legal verification required by the bank.
04 · DISBURSAL
Final Funding
Funds are disbursed to the builder or seller seamlessly, finalizing your home purchase.
Home loan calculator
Plan your commitment.
Estimate your monthly EMI. A longer tenure reduces your monthly EMI but increases the total interest paid over time.
Estimated Monthly EMI
₹43,391
Total Interest
₹54,13,879
Total Payment
₹1,04,13,879
Documents
Preparation prevents delays.
Property loans require a mix of personal financial documents and legal property papers.
KYC & Identity
PAN card, Aadhar card, and current address proof for all applicants.
Income Proof
Latest salary slips (3 months) or ITR (last 2 years) for self-employed individuals.
Property Papers
Allotment letter, agreement to sell, title deeds, and approved builder plans.
Bank Statements
Last 6 months bank statements showing salary credits or business turnover.
Frequently asked questions
Home loans, answered clearly.
Should I choose a Fixed or Floating interest rate?
Floating rates are tied to the RBI's repo rate and fluctuate over time. Fixed rates remain constant but are usually 1-2% higher than floating rates. Most home buyers in India opt for floating rates as RBI guidelines mandate zero pre-payment penalties on floating rate home loans for individuals.
What does Loan-to-Value (LTV) mean?
LTV is the percentage of the property's cost that the bank will finance. Generally, banks finance up to 90% for loans under ₹30 Lakhs, 80% for loans between ₹30 Lakhs to ₹75 Lakhs, and 75% for loans above ₹75 Lakhs. The remaining amount (down payment) must be paid by you.
How does a Balance Transfer work?
If you have an existing home loan running at a high interest rate, you can transfer the outstanding balance to a new bank offering a lower rate. This can significantly reduce your EMI or shorten your loan tenure, saving you lakhs in interest.
Can adding a co-applicant increase my loan amount?
Yes. Adding an earning family member (like a spouse or parent) as a co-applicant pools your incomes together, which lowers your Debt-to-Income ratio and significantly increases your eligible loan amount. It also allows both applicants to claim income tax deductions separately.
Take the next step
Let's build the foundation of your new home.
Connect with our home finance experts to evaluate your eligibility, select the right bank, and secure your sanction.