Co-Borrower Dies During Home Loan: What Happens To EMI And Property?

Taking a home loan jointly can make repayment easier when two people contribute towards the household finances. But if one co-borrower dies before the loan is repaid, the surviving borrower can suddenly face both financial and legal complications. The loan does not generally disappear, and the ownership of the house may also require separate consideration. Insurance, succession arrangements and the original loan agreement can all influence what happens next.