Do not seriously consider part prepaying your home loan while evaluating your investment decisions: Gautam Kalia

"It is not necessary to rush to pay off your home loan. Even if the return on equity is higher than the loan rate, it is still beneficial to continue with both, considering the long-term perspective. However, one should consider tax savings and maximize them when deciding on part prepayment. if one is conservative and prefers a guaranteed return, it may be better to pay off the loan sooner. "

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.