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Reduce Home Loan Interest || bekifaayati #shorts #youtubepartner #youtubeshorts
A portion of your home loan EMI is allocated to the interest cost. When you prepay a part of the loan, it goes towards the principal payment. The moment the principal comes down, so will the interest cost. Paying off your home loan early can save you lakhs of rupees over the loan duration.
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A portion of your home loan EMI is allocated to the interest cost. When you prepay a part of the loan, it goes towards the principal payment. The moment the principal comes down, so will the interest cost. Paying off your home loan early can save you lakhs of rupees over the loan duration.
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Follow our channels (bekifaayati) on
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We Simply the World of Personal Finance!
Subscribe Our Channel to Uncomplicate Your Financial Life
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