{"id":13845,"date":"2018-12-07T16:27:41","date_gmt":"2018-12-07T10:57:41","guid":{"rendered":"https:\/\/www.squareyards.com\/blog\/?p=13845"},"modified":"2021-01-29T15:24:50","modified_gmt":"2021-01-29T09:54:50","slug":"the-drawbacks-of-flat-interest-rate","status":"publish","type":"post","link":"https:\/\/www.squareyards.com\/blog\/the-drawbacks-of-flat-interest-rate","title":{"rendered":"The drawbacks of flat interest rate"},"content":{"rendered":"<p>\u201cThe cost of the loan is much higher than a reducing interest rate loan, interest on the entire loan amount and the outstanding loan amount does not go down.\u201d &#8211; Amit Prakash Singh, Principal Partner, Square Yards, on\u00a0\u00a0Drawbacks of the flat interest rate method. This was featured on a\u00a0 MoneyControl article on November, 26th, 2018 titled\u00a0Applying for a home loan? Stay away from the flat interest rate trap to save money.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThe cost of the loan is much higher than a reducing interest rate loan, interest on the entire loan amount and the outstanding loan amount does not go down.\u201d &#8211; Amit Prakash Singh, Principal Partner, Square Yards, on\u00a0\u00a0Drawbacks of the flat interest rate method. This was featured on a\u00a0 MoneyControl article on November, 26th, 2018 [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":13847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[234],"acf":[],"_links":{"self":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/13845"}],"collection":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/comments?post=13845"}],"version-history":[{"count":3,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/13845\/revisions"}],"predecessor-version":[{"id":27105,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/13845\/revisions\/27105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media\/13847"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media?parent=13845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/categories?post=13845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}