I have drawn financing away from 34 lakhs loan 2 years right back

But, the attention you pay on your own mortgage EMIs was a means toward financial making an income

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And so far only 2.5 lakhs had subtracted regarding dominating amount and you can everything i paid 7 lakhs on interest till big date. Could it possibly be smart to benefits the whole loan? or spending partial count instance 15 lakhs are a good idea? Delight tell me. Thank you!

Well, prepaying your loan and having loans-totally free is pretty relieving

Hi Sandeep, When you have enough financing to settle the mortgage, please do it. Otherwise, it is possible to make a limited payment out-of Rs. fifteen lakhs and reduce the newest month-to-month weight to some degree. This is your possibilities. Continue reading “I have drawn financing away from 34 lakhs loan 2 years right back”