Home Loans
Should You Prepay Your Home Loan or Invest the Money?
A bonus in hand raises an old question: pay down the loan or invest? A clear way to compare a guaranteed saving with an uncertain return.
A bonus in hand raises an old question: pay down the loan or invest? A clear way to compare a guaranteed saving with an uncertain return.
When you prepay a home loan, your lender asks whether to lower the EMI or shorten the loan. Here is what each option really costs, with worked numbers.