UAE Nationalities Khalid Al Ameri Express his emotional to the Ethiopian Airways crashed killed 157 passengers on board Ethio Telecom is The Best Ethiopian media and entertainment. It is one of the best sites in Ethiopia, We provide Ethiopians with multidimensional access to the entertainment and information that matters to you. Ethio Telecom is a non-political source for videos of Ethiopian news, dramas, and music. The news, dramas, and entertainment presented on Ethio Telecom come from a wide variety of sources. Ethio Telecom has particularly proven its value when it comes to keeping the worldwide Ethiopian Diaspora connected to their home country. In many parts of the world Ethiopians do not have direct access to Ethiopian news and entertainment, therefore, Ethio Telecom becomes their primary source for these. For this reason Ethio Telecom is The Best Ethiopian websites on the internet. Suggested Article what is a mortgage loan? A mortgage loan is a money increase given with the aid of a bank in opposition to your home. The belongings will be your own home, a piece of land or another shape of personal or industrial real property on your name. This makes it a secured mortgage, which means that the lender can forfeit your home in case you fail to pay off the loan. if you are shopping for property for the primary time, you could use it as collateral to get a mortgage loan. that is also called liens in opposition to belongings or claims on property. For what am i able to use a mortgage mortgage? A loan mortgage may be used to cater to a number of personal economic wishes, but it's miles most typically used to purchase property. A loan loan also can be used to shop for industrial or commercial assets. the most important benefit of this loan is that you can hold using the mortgaged property at the same time as repaying the loan. once the loan is paid in complete you're again entire possession of your own home. This mortgage will help you out when you need to increase your commercial enterprise, purchase a house, send your children overseas for higher studies or pay for an steeply-priced scientific treatment. It has you included. What form of properties am i able to mortgage? nearly all type of actual estate qualifies for a loan loan. you could mortgage the house you stay in, or the one you've got rented out. it can also be a piece of land in your name. business and commercial property and property under creation can also be mortgaged. How a lot loan can i am getting against my assets? maximum banks loan a sum equal to 50%-60% of your home price. some banks, in the event that they experience top appreciation of your own home, can improve the bar to seventy five%. hold in thoughts, banks will reassess the fee of your home every so often. what's the interest rate on a loan loan? The hobby prices on a loan loan generally hover around 12% to fifteen%, making it one of the maximum less costly mortgage offerings. That’s why lots of people pick this over a personal mortgage, which generally comes with a better rate of interest. In reality, mortgage Loans are the second cheapest retail loans presented via banks after home Loans. generally, the maximum repayment tenure for loan Loans is 15 years, but it may be greater depending on the bank of your preference. There are three approaches to pay off a mortgage loan: constant price mortgage (FRM) - FRM requires you to pay a uniform interest rate and essential amount. Adjustable charge mortgage (ARM) - beneath ARM the hobby fee modifications during the repayment tenure, based totally on monetary and market situations. interest most effective mortgage price - in case you choose interest simplest alternative, you will most effective should pay off the hobby amount in the course of the loan tenure and return the primary after that. when you pay off a mortgage, you return the important amount with interest and within a time body jointly agreed upon by using you and the lender. add assets tax and insurance prices to the mortgage mortgage. Why the insurance? The coverage safeguards your home in opposition to damages. make sure you thing in these kinds of components before calculating your EMI. what's the eligibility requirement to get a mortgage loan? To be eligible for a mortgage loan, you have to be salaried or a self-hired person and as a minimum 21 years of age. aside from those two basic standards the financial institution may also verifyEthiopia says it has foiled a planned attack by an Eritrean backed group on the massive Grand Ethiopian Renaissance Dam project. According to reports, Ethiopian security forces killed 13 members of the Benishagul Gumuz People’s Liberation Movement, who had travelled from Eritrea to attack the country’s flagship hydro-power plant. On its part, Eritrea’s government denied any knowledge of the rebel group and termed the allegations by Ethiopia as preposterous. displayAdvert("mpu_3") The 6,000 mega-watt project is due for completion next year and is set to be Africa’s biggest hydro-power plant. It is being built on the Blue Nile River near the border with Sudan, at an estimated cost of $6.4 billion. Eritrea achieved independence from Ethiopia in 1993, after decades of armed struggle. The two countries have a long history of border disputes.