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What is the duration of repayment of the down payment assistance? Are there any prepayment charges?

March 27, 2020 . . 10 min read
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What is the duration of repayment of the down payment assistance? Are there any prepayment charges?

Category: About HomeCapital

The down payment assistance is to be repaid in up to 12 interest-free equated monthly instalments by the homebuyer depending on the desired tenure chosen by them while applying. There are no prepayment charges. The user can opt for foreclosure at any point of time during the repayment period.

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