Best Way To Pay Off Home Loan #financewithsharan #shorts

Most people fall into a debt trap unassumingly. 😞

They do not realize how EMIs are piling one after the other and only know they are trapped when they start missing payments ❌

Fortunately, you can escape a debt trap even if you do not have the income to make the EMIs. 🤩

One way would be to withdraw your PF to repay your home loan 🏡 You can withdraw up to 90% of your PF for home loan repayment.

Once you’ve made your home loan payment, you can concentrate on paying off other high-interest debt like credit card loans and personal loans. 💳

You can also use your PF corpus to make the downpayment for your home loan.

⚠️ But it is important to note that your PF is essentially your retirement fund and any withdrawal you make should be replaced so you can achieve your retirement goals.
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#financewithsharan #homeloan #pf #creditcard

[g]

one more thing. During bankruptcy proceedings, no creditor can touch your PF account.

[Rasputin]

Michael - I declare bankruptcy!
Oscar- you declaring bankruptcy not gonna change anything!

[mushirsk]

Areey haan bhai haan “thats what she said”😂

[Shivam_]

Employee - I follow my real boss 'finance with sharan'
Boss - you are fired🗿

[_Sun_Tzu]

And during retirement you can keep following your man and sleep on footpath 😂😂

[_dv_singh]

"That's what she said" 🤣

[sarangg]

His "I declare bankruptcy' was like Mahendra

[chinmayeesenapati]

Sharan's family pic is as epic as his financial advice❤😂

[mughilannadar]

Employee : I follow my real boss
Sharan: Ghaddari Korbe 💀

[shaherhassan]

No matter what topic you are talking about, you are a principle

[aakashkoneru]

😂😂you should have put #theoffice also, loved the office references 😂😂

[manalinagaonkar]

The management is the real key in this

[devanshusharma]

Itni quality improve kr li .. gazab 👌👌🌟

[diyadutta]

😂😂😂 i declare bankruptcy sounded funny

[anjalikarmakar]

The subtle parody dialogues to the office is awesome

[gowthammedithi]

Employee:- I follow my real boss, Finance with sharan!
Boss:- Nimmoun!😐👍

[Gokullokesh]

Instead of paying for a Home loan, we pay a car loan and personal loan Because a PL costs you 16 to 21 percent interest and CL 9 to 11 percent interest per annum were as a home loan cost 7 to 9 percent. 😊

[jafferahamed]

It is important to repay the loan with the highest interest rate. Housing loan has lowest interest compared to all other loans

[Johnkhmal]

Thank you Sharan i got an idea from this clip.

[DrLOL]

Pay from PF and then sell the house during retirement 😂😂