scorecardresearchHome Loans: How much money do you stand to save if you prepay your loan? Let's take a look

Home Loans: How much money do you stand to save if you prepay your loan? Let's take a look

Updated: 07 Sep 2022, 01:33 PM IST
TL;DR.
It is prudent to make partial prepayments on the house loan in addition to the monthly EMIs in order to reduce the overall financial load. However, if you prepay a loan, you won't be able to benefit from the many tax advantages available to borrowers. To learn more about it, keep reading.
It is prudent to make partial prepayments on the house loan in addition to the monthly EMIs in order to reduce the overall financial load.

It is prudent to make partial prepayments on the house loan in addition to the monthly EMIs in order to reduce the overall financial load.