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Why pre-paying your housing loans early makes good financial sense

An increase of 5-10% in your annual EMI is enough to bring down your home loan interest costs by half. But pre-paying your home loan isn’t just about savings. ....

Adhil Shetty , National Pension Scheme , Provident Fund , Dev Ashish , Employees Provident Fund , Ratan Chaudhary , Home Loans , Home Loan Emi , Home Loan Repayment , Home Loan Rates , Aying Extra Emi , Ncreasing Emi , Emergency Fund ,

home loan repayment: Little stress on home loan repayment despite higher interest rates

The housing finance sector in India has seen improvements in asset quality despite a sharp rise in interest rates over the past one-and-a-half years. Rising income levels offset higher monthly instalments, and there are no signs of stress from an affordability point of view with rise in housing prices and higher interest rates. PNB Housing Finance, which entered the affordable housing finance space 11 months ago, has 97% of its retail loan assets below Rs 1 crore ticket. ....

Girish Kousgi , Kotak Institutional Equities , For State Bank , Reserve Bank , Home Loan Repayment , State Bank Of India , Reserve Bank Of India , Monthly Instalments , Floating Rate Loans , Pnb Housing Finance ,