Axis Bank – Happy Ending Home Loan – Should you Switch?<\/figcaption><\/figure>\nAs shown in the calculation above it makes sense to switch to the Happy Ending Home Loan scheme if your return on investment is less than 13.5%.<\/strong> This kind of return is not feasible for most people under ordinary circumstance and hence it makes sense for those to switch their home loan, provided they pay all EMIs on time.<\/p>\nConclusion:<\/h2>\n Axis Bank – Happy Ending Home Loan is a innovative product and would see a lot of interest from consumers and lending institutions. The product is a bit complex and its benefit would be misunderstood by many [People who would ignore Time value of Money]<\/em>. This is a nice product but your calculations before opting for it!<\/strong><\/p>\nAxia Bank – Happy Ending Home Loan<\/figcaption><\/figure>\nDisclaimer:<\/strong> The above analysis is based on Press Release by Axis Bank. The full details of the product is still awaited and hence some parts of this analysis may not hold true.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Axis Bank yesterday launched a new Home Loan product named \u2013 Happy Ending Home Loan. This has a built-in EMI waiver scheme under which the bank will write off the last 12 installments if the customer stays with it for at least 15 years. A few more conditions for EMI waiver: The initial term of […]<\/p>\n","protected":false},"author":1,"featured_media":2715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[22,7],"tags":[304,1091,50,267,268,1089,1090],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/09\/Axis-Bank-Happy-Ending-Home-Loan.jpg",215,150,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/09\/Axis-Bank-Happy-Ending-Home-Loan-150x150.jpg",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/09\/Axis-Bank-Happy-Ending-Home-Loan.jpg",215,150,false],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/09\/Axis-Bank-Happy-Ending-Home-Loan.jpg",215,150,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/09\/Axis-Bank-Happy-Ending-Home-Loan.jpg",215,150,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/09\/Axis-Bank-Happy-Ending-Home-Loan.jpg",215,150,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/09\/Axis-Bank-Happy-Ending-Home-Loan.jpg",215,150,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/09\/Axis-Bank-Happy-Ending-Home-Loan.jpg",120,84,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":2,"uagb_excerpt":"Axis Bank yesterday launched a new Home Loan product named \u2013 Happy Ending Home Loan. This has a built-in EMI waiver scheme under which the bank will write off the last 12 installments if the customer stays with it for at least 15 years. A few more conditions for EMI waiver: The initial term of…","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/2710"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=2710"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/2710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/2715"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=2710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=2710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=2710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}