A home loan moratorium gives borrowers temporary relief from making regular EMI payments or, depending on the loan structure, from paying principal during a specified period. While this can ease short-term financial pressure, it does not necessarily reduce the cost of borrowing. In many cases, interest continues to accrue during the moratorium, increasing the outstanding loan balance or extending the repayment period. The key point is simple: a moratorium can reduce your immediate cash-flow burden, but it may increase the total interest you pay over the life of the home loan. The exact impact depends on the lender’s terms, whether […]
