Personal Finance — Finance Manifesto

PERSONAL FINANCE

You agree on ₹70 lakh for a flat, the home loan gets sanctioned, and then the sub-registrar’s office wants another ₹3.5 to…

VC By Victor Cranson · September 18, 2026 · 6 min read

PERSONAL FINANCE

Property tax is a recurring tax levied by a local municipal body on property owners, based on the value or characteristics of…

VC By Victor Cranson · September 18, 2026 · 2 min read

PERSONAL FINANCE

Home equity is the difference between a property's current market value and the outstanding balance on any loan secured against it. It…

VC By Victor Cranson · September 17, 2026 · 2 min read

PERSONAL FINANCE

The rent vs buy decision is often framed as "rent is throwing money away, buying builds equity" — a comparison that sounds…

VC By Victor Cranson · September 17, 2026 · 3 min read

PERSONAL FINANCE

A reverse mortgage is a loan available to senior homeowners that allows them to convert a portion of their home's equity into…

VC By Victor Cranson · September 17, 2026 · 3 min read

PERSONAL FINANCE

In Indian lending terminology, foreclosure refers to fully repaying an outstanding loan before its scheduled term ends — for example, paying off…

VC By Victor Cranson · September 16, 2026 · 3 min read

PERSONAL FINANCE

Balance transfer is the process of moving an outstanding debt — most commonly a credit card balance or a personal loan —…

VC By Victor Cranson · September 16, 2026 · 2 min read

PERSONAL FINANCE

A homeowner took a ₹35,00,000 home loan three years ago at 9.5% interest. Rates have since dropped, and a competing lender now…

VC By Victor Cranson · September 16, 2026 · 2 min read

PERSONAL FINANCE

Loan tenure refers to the total length of time a borrower is given to fully repay a loan, typically expressed in months…

VC By Victor Cranson · September 15, 2026 · 2 min read

PERSONAL FINANCE

A ₹50 lakh home loan at 8.5 percent over 20 years has an EMI of about ₹43,400. Over the full term you…

VC By Victor Cranson · September 15, 2026 · 7 min read