How to pay 30 Years Of home Loan in 20 Year
BY NAVYANSH
**Before falling into a tarp of any loans please do proper planning and research to lower your financial burden
Here are the 5 tips to pay your home loan as early as possible
Adding one extra EMI each year will help you to repay your 30 years of home loan in 25 years...
1
By paying One EMI Extra Each Year
By Adding Rs.100 extra each month can help you to repay your 30 Years of home loan in 23 years...
2
By Adding Rs.100 Extra IN EMI each month
Prepaying 50K to 1 lakh extra each year can help you lower your tenure by 10 years
3
By Pre-paying 50K - 1 Lakh Extra each year
Making part payment of your loan will also help you to lower your tenure
4
By Making part-Payment of loan amount
By starting SIP of 0.15% of your home loan will help you to earn your interest back or repay it in 20 years...
5
By Starting SIP of 0.15%
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