What is a Top-Up Home Loan - Interest Rates, Eligibility, Tax Benefits? Top Up Loan On Home Loan

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What is a Top-Up Home Loan - Interest Rates, Eligibility, Tax Benefits? Top Up Loan On Home Loan

A top-up home loan is a type of loan that allows homeowners to borrow additional funds on top of their existing home loan. The loan is usually taken out against the equity in the property and is often used for home improvement projects, debt consolidation, or other large expenses. The terms and conditions of a top-up home loan may vary depending on the lender, but typically the interest rate is slightly higher than the rate on the original home loan.


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