Save 30 lakh on a home loan of 50 lakh: repayment tips b wealthy, होम लोन कैसे लें, कितना लोन है सही
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- čas přidán 28. 08. 2024
- Home loan truth: plan housing loan repayment and save lakhs of rupees. B wealthy gives you tips for home loan repayment and home loan prepayment. Calculate your EMI and see how much you are paying as interest to the bank. An increase in the repayment amount will reduce your loan burden fast and save you money. How to do it? What can be done to increase the EMI fast? Actually, the longer the repayment duration the more you pay for your house loan. Try to close the loan as soon as possible.
Came from Labor Law Advisor, couldn't be more thankful 🙏🏻
बहुत शुक्रिया। Stay Blessed, Healthy & B Wealthy
By reducing tenure Interest will reduce but EMI will increase, what about that, how one can pay that
+1
@@BWealthy Meam 15 year ke liye koi acchi sip batta dijiye 15000 /m
आपके बोलने के अंदाज से पता चल रहा है कि आप दूसरों के फायदे की बात दिल से बता रहे हैं, सिर्फ वीडीयो बनाने के मक्सद से नहीं। वीडीयो देककर बहुत अच्चा लगा
आपणे जीस तरह से विश्लेषण किया है वो उज्वल भविष्य का नियोजन है, आपके परामर्श के लिये आपको धन्यवाद करता हु🙏🙏🙏
आप जितनी अच्छी हैं, उससे भी अच्छी आपकी आवाज़ है ! बहुत अच्छी सलाह आपने दिया है !
I m also paying loan on 20 lakes but now I know how to pay it smartly because of you. Thanks for lovely video.
स्वाति जी बहुत ही महत्वपूर्ण जानकारी बहुत ही सरल शब्दों में 👍🏻👌🏻धन्यवाद आपको
Aise toh apne mummy papa v nhi smjhate.
Thank you so much 🎉
Madam Salute to you for explaining 8th wonder of the World INTERST
Good information for saving on Home Loan interest amount. Its new way to consider and planning for home loan. In this video add one thing that if buyer have full amount and he want tax saving then Home Loan can be taken against FD, so interest on Loan paid through FD interest and benefits of tax saving can also benefit buyer
स्वाति तुमने बहुत अच्छी बात बताई है। तुम्हारा हृदय से धन्यवाद। ये बात कोई भी नहीं बताता है।🙏
Madam, I follow same principle & do necessary calculation which you have nicely explained. This is real eye opening knowledge to all who opts for any type of loan (paying emi). Moreover this information is very timely when job security in private sector is under question. Thanks again
I am super glad to read your comment Santanu Jee. Stay Blessed, B Wealthy.
The best video o have ever seen...simple and highly convincing..thank you, mam!
Madam if we reduce years as you said then monthly EMI will get increased you didn't explain abt this
Hi Swati Mam,
Thanks to you after watching your video I realized and calculated that I would have paid more interest however took immediate steps suggested by you reduced my loan tenure and saved potential interest burden of Rs 12 lacs approx. Thanks is a small word to you from bottom of my heart .God bless you and wish God fulfill all your wishes. I started subscribe to your channel to learn about personal finance.
Thanks again
Yes Mam,
Exactly , I did same thing and cleared my Home loan by part pre payment
on savings every year.
I avoided expensive furniture in new house .
I request to viewers to follow your instructions as i am practical example of this and today enjoying debt free life.
Your video is very useful for indirect investment, that doesn't not understand ordinary person.
Thanks.
Congratulations on living on your own house
Cause it's a great thing 😊😊😊
I am so happy to read your comment Vyas Jee. Stay Blessed, B Wealthy.
U have done great job
Mam agar humare pass fund h to hume fund nikalna chahiye ya loan Lena chaye home k liye.
I want to ask this type facilities who provides, I already seen this type video and asked hdfc bank for taking one extra EMI, then asked for close my partial loan amount part by part bt they denied, they says you have to pay full
Do pre part payment each year through saving, keep emi amount constant...Tenure will reduce...You will enjoy less interest charges
You are right.
But works only with people having financial discipline.
For more people, compulsion only works.
They won't put their extra money for partial pre-payments, but squander away the money in lifestyle expenses.
Came from Labour Law Advisor.. Thanks to both of the channels for helping us in saving our hard earned money and showing us a path of financial freedom...Thanks a lot Mam for your Video...
Thank you Amit Jee. Stay Blessed, Healthy & B Wealthy
Very nice
Love this thumb rule of 35% of salary, also the increment of 5% every year...
Thanks this is highly informative
आप सही बोल री स्वाति जी,लोन को जितना हो सके अवॉइड करना chiye🤔🤔🤔,मैने अभी तक कोई कर्ज़ ni लिया,क्रेडिट कार्ड भी ni😁😁😁🙏,परिस्थियां जब तक साथ देंगी,कर्ज़ से दूरी बनाके रखूँगा😊😊🙏🙏,बहुत he acha वीडियो स्वाति जी😊😊😊🥇🥇🥇🥇🏆🏆🏆🏆🏆👌🏻👌🏻👌🏻👌🏻👌🏻🇮🇳🇮🇳🇮🇳🙏🙏🙏
Just amazing Madam. Nobody made me understand in such a wonderful manner. God bless you.
Glad you found the video useful Swapnil Jee. Stay Blessed, Healthy & B Wealthy
मैने मैडम अपने एचडीएफसी बैंक में इसी विषय में मेल करी थी मुझे अभी तक कोई जवाब नही मिला अतः अब मुझे स्वयं जा कर यह कदम उठाना पड़ेगा, धन्यवाद आपका
This video is Very useful for those who are paying loan without any awareness
most beautiful financial consultant i have ever seen
P
Thanks Swati ji, however, my theory of paying loan amount is little bit different. I would prefer to keep the tenure 25 years or to make it 30 years if possible. So that my EMI amount will be reduced as much as possible.
Now after that I will use the remaining saved amount to make part repayments. So that the paid amount will be reduced directly from my principal amount.
Now the advantages of this method are:
1. You do not need to bind yourself with a high EMI amount which you need to pay in 10 years of tenure (according to your example).
2. This method allows you to repay (part payment) of your loan as per your convenience. You can pay this amount as per your savings less or high.
3. This is life you never know when you would need the amount in case of emergency. So in that case you don't need to put your amount in loan, just use it for your emergency purpose.
Whereas in your case the one always need to pay the high amount to finish the loan amount.
true...also you can get rebate on income tax under section 24 for upto 2 lakhs every year
Right
True. We also do part repayment. By doing this we have reduced our 30 years tenure to 15 years .. now we have increased 5% in emi. Saving side by side.
swati saxena ji thanks for making this valuable video.
I also preferred this method
@@ablassociates5281 I did not make this video..
Mam thank you very much aap bilkul sahi dhang se samjhaya hai main bhi loan Lene Ki taiyari kar raha hun ab loan aap ke tarike Se Hi Lunga thank you
I understand it thank you. Great ideas. Maine ese hi kiya tha 5 years ki EMI 2 years and 8 months main pay ki thi.
Sir extra emi apne kaise pay ki matlab extra kaise pay karenge khud se ya fir bank se rescheduled karwana hoga emi
@@anitabisht348 dear Anita g. Sorry for late reply. Aapko loan account number milta hai. Aap bank se account number mila hoga ya le lena g. Agar aap ke saving account ke sath hai to aap Yono app ya NetBanking se pay karsl sakte ho. Usme saving account number and loan account number dono show honge apke. If any other enquiry you can call 8901276369
Great Idea to save money (interest) on home loan.
Thank You So Much Madam.
As a sales manager in finance department.
Loan is necessary for salaried person to fulfill your dreams.
But as Mam said use only your 35% of your income or strength.
Also 2nd option is useless for salaried person.
Because less tenor means bigger EMI. Means you r spending all your income in EMI.
So third option is the right way to finish your loan fast N save big amt.
M sure we can pay extra EMI every year very easily.
Great hack. Thanks. My CA advised me to avoid paying more than EMI because I may lose benefits of 80C.
It is very essential to know this funda. I appreciate you very much. Thanks a lot.
Hello, This is a great video and I understood these facts :-
1. Avoid Loan
2. If there is need take least amount of loan
3. Divide salary as 50 % Need 30% Desire and 20% investment
4. If you have taken loan try to shorten the tenure.
5. If you can't shorten the tenure pay extra EMI or increase EMI percentage.
However, I agree with all other points but the 1st point I don't understand. I'm currently getting my knowledge from 'Robert Kiyosaki's ' books and he says that for getting rich early you have to use Other People Money. And the only way you can use that is by taking loans. So, if you can please elaborate on where I am wrong or what I'm missing. That will be a great help.
Thanks a lot for making such videos. :)
PS: I was searching a way to message you or send you an email but can't find any pls.
Taking loan for your home vs buying a property to give for rent or for selling. Former is being addressed in the video and latter is what Robert talks about.
Poor dad...Always taking loan for his desire and need ..But rich dad ..Taking loan for investment and property rents
I have a very small and practical solution for paying less interest. From my experience, I would recommend to just increase the EMI by 10% every year which would have huge interest saving benefits along with early closure of loan. A 20 yrs will end up closing in 11 yrs 9 months and a 15 yrs loan will end up closing in 8 yrs 7 months. Just check my statement in letter and spirit. Regards
Please bataye sir ji
I love the way you pronounce the words, it makes us more interested to listen to the helpful content that you present.. thank you mam for your knowledge..
This is very good. I finished all my loans by the time I was 35 years. Now I am tension free. People will see the difference if they make an amortisation table on excel.
At wat age did u start
@@jitzjoy 😂
@@jitzjoy What difference does that make? You get the loan according to your wage only...
Madam Y have explained very well about home loan EMI reduction. Home loan should be avoided if possible. But on other side, there is one great benefit of home loan. Its principal and interest rate both are considered in income tax benefit.
धन्यवाद 🙏 मुझे लगता हैं., लोन लाँग पिरियड के लिए लेना चाहीए!
मालुम नहीं, लेकीन फुरसत मिलेगी.. टेंशन नहीं रहेंगी! 😊
आप ऐसे पढ़ाते हो जैसे आप एक बहुत अच्छे टीचर हैं।
It's a very good strategy, I had applied this and paid all in 7 years
Kaashh AAP Jaisi teacher pehle Mili Hoti hai........🤔
I like it
I just applied for a home loan to buy our dream, I'll keep this in mind
Trying getting a SIP side by side for 4-5 thousands ₹ for same as your loan tenure. By the time both mature.... You'll get most of loan covered by SIP itself. And might out earn the loan
@@GadgetDog thank you for the suggestion, I will look for this option as well
This is really very good video..... agreed ki loan lena nahi chahiye....lakin agar le liya toh kya salution this is amazing. God bless you swathiji
Making prepayment of home loan in first 5 years (if total tenure is 20 yrs) is more beneficial. After that as interest component is decreased, and principal amount is more, effective interest rate is 4 to 6% (instead of 8.5%)
Interest rate is same i.e. 8.5%, Only interest amount is less because balance outstanding is reduced due to repayment done.
@@jagjeetsinghbhatia6123 he's talking about effective interest rate.
Mam your guidance is playing a very crucial role, thans
good idea i will try to do
Does this calculation can be applicable for all loans like car, electronics etc?
I do agree with you . That’s how I minimised my payment . I appreciate your explanations . It’s really help .
Very good presentation. Things are explained in a simple way,the way common man can understand it well. Thanks
Madam, I differ with you since I did the same thing that you suggested in this video. However, for doing so, I had to pay extra for EMI and also had to pre-pay to close the loan earlier. For this I compromised on my lifestyle during my youth years that too just after my marriage. Instead of reducing the loan term by increasing the EMI amount or pre-payment, if the same amount is invested wisely in equity (directly or MF-SIP), we could gain more than what we would save on interest. In fact, the value of money reduces year after year and not really difficult to pay such amounts after some time when the salaries increase with time. May like to hear from you on my comment.
You chose the wrong loan scheme bro
Madam EMI ka amount km karne k liye hi to tenure badhaya tha.. EMI bhi to bhadega.. Tenure km karne se..
I think she replied that but in another way. 5% increase in EMI reduces interest - in other words lower tenure increases EMI but not very much...
Am having home loan and wht i do is to pay the EMI regularly... also whenevr possible i pay extra amount in loan which should be adjusted towards TENURE... by this way you can save high amount of interest
Hi mam, Thank for the session. This calculation fits with my income. I will do it. Good information.
EMI AAP KE CHACHA ज्यादा देगा
EMI to ज्यादा होगी o कहा से आएगा
@@ashokkumaryadav1303 Bhai loan liya h to, chukana to prega. Nahi to bank wale hi problem braenge, islie behtar h EMI ke jarie loan chuka do.
@@ashokkumaryadav1303 bhai sahab, is video ko sayad aapne sahi se ni dekha. Issi problem ka solution diya h mam ne
@@ashokkumaryadav1303 agar video samaj aai to apply kro, or agar nahi aai to Aage aap samajdar ho.
Jao or dusri video dekho😂😂🤣
शानदार प्रेरणादाई और प्रोत्साहित करने वाला सुझाव 🙏🙏 धन्यवाद जी🙏🙏
Currently home loan EMI is lowest and cheapest loan available. So I have 2 stategy.
1. Take loan for longest available tenure to minimise your EMI. Now whenever you have extra money, prepay it in Lumsum, this amount will be deducted directly form your principal. This is best way to minimise interest and prepay loan. And your regular emi will aso be lowest.
2. If you have good financial background and fixed regular income, instead of paying extra emi, invest it in mutual fund to get better return. Instead of reducing your home loan which is @8-9% if you invest it into Mutual Fund, most conservative return in 10nyear will be atleast 10-12 % and you will end up more saving than paying interest on your home loan.
But this is for current situation until home loan rate do not cross 10%, whenever it cross 10%, you can go back to stategy no 1.
To reduce Loan tenure from 25 to 10 years EMI will increase from 39,423 to 61,326, can you please tell where to get this extra 21,903.
HI Yogesh, You are right about the emi amount to reduce the tenure. I think she mistakenly calculate the emi amount which is not right. But definitely we can follow this steps to minimise the burden of home loan.
Inki ek vedio me inho ne hi advice kiya tha ki apni salary ka maximum 35% hi dena chahiye nahi to app ki need, desire, investment kharab ho jaye gi
Exactly
EMI will remain the same if u take a loan for 25 years & repay as mention in 3rd part of the video, additional payment will deduct from the actual loan. only thing u need to ask the bank to reduce the tenure, not EMI.
मैडम पूरी जानकारी देती नहीं है केवल उतना ही बताती हैं जितना सुनने में अच्छा लगता है
Hi Swati ji, thanks for showing us such an easy and wonderful way. A penny saved is a penny earned!!!👍🏻
Every saving of today Will become earning of tomorrow !
Madam your way of expression is excellent.
Good and helpful content. But ma'am if we factor in Inflation, along with Tax benefits, and the opportunity cost of extra money that we have to pay as EMI, wouldn't it make sense to get a loan for as long as possible?
Long tenure is best. Since EMI is lower. But if principle pre-payment is done either every month or as and when extra money is available, loan repayment would be faster. That is tenure would be reduced. Moreover total interest amount payable would decrease. That means overall saving.
Home loan EMI is helpful in tax saving. For a person who is 30% tax slab, I think for him home loan is beneficial.
Calculate and you will realise the reality. 100000 tax save kiya aur 350000 de diye bank ko to kya faayda.
Swati-ji, you are not only graceful & beautiful, but also intelligent too! Nice & convincing video! Possibly the best video from your end till date to my understanding.
Yes, Mr. Saha it's one of the best presentation from Swati.
Best of savings plan.thanks
One extra EMI, fantastic examples. Great.
Excellent maam, it was an eye opener for me. Thank you for the wonderful lesson.. will surely watch your other videos as well and recommend to others.
Kahna aasan hai wo paise aayenge kaha se. Aur aisa hai nahi ki koi 10 saal me bimar nahi hoga aur extra expenses nahi honge
@@sandeepprasad5038 lv
Excellent.
Change the perception of West teaching saving system.
Reduce 5-10% from needs and -5-10% from desires.
Increase saving to 30-40%.
Hi Swati...nice video however please take into consideration the tax savings, inflation over the years and probably income from home rent and then come to a figure. Without taking the related factors into consideration your figures might not be very accurate
Explained very well in detail will be useful for a common man having no exposure to financial market.
Thank You Swati Mam, for your practical tips on saving via home loan I appreciate all that you said. This is Anthony from Santacruz, Mumbai, India.
Very nice mam
जो EMI 25 साल में 39 हजार है वो 10 साल में कितनी लगेगी उसपर सबकुछ डिपेंड करता है, अगले की कमाई ही उतनी नही रहेगी तो emi भरेगा कहा से, और emi भर भी दिया तो खायेगा क्या !
लोन लो ही नही ।
EMI will remain the same if u take a loan for 25 years & repay as mention in 3rd part of the video, additional payment will deduct from the actual loan. only thing u need to ask the bank to reduce the tenure, not EMI.
@@jaydeepchoudhari plz read carefully, I said 3rd part of Video in which it was described to repay, suppose you have 30 lack pending loan & assume your current EMI is 26k/m, if you repay 50k, the bank will give you two options, reduce the EMI or reduce the tenure if you opt for reducing tenure your interest will go down, but EMI will remain same, sarcastic emoji is good in school not in a real discussion, Happy reading.
You are right and ye common sense hai tenure kam raha to interest kam lagega
Right
What If I, invest those extra 5% and 10% amount i INvest in Mutual Funds or EPF any other assets which give atleast 1% higher returns than.
मॅडम बहुत अच्छा सजेशन आपने दिया है मै आपकी फॅन हो गयी आज तक किसी ने ऐसा डिटेल्स नही बताये थँक्यू थँक्यू व्हेरी मच मॅम. आगे भी आपके व्हिडिओज देखना चाहूंगी.
One more point I would like to highlight is effective cost of housing loan after tax benefits is 6-7% whereas you can get much better returns from other investments. There is still a arbiterage of 2% in saving & investing in other investments rather than prepaying housing loan
Looks very effective. I hope the calculations give the same result.
Thnq mam it's very helpful.
Maam. Aapne Bahut aache se samjhaya. Mujhe homeloan lena hai but koi Bank nahi dena chahata hai. Jab ki mera Salary 65000 hai.
Hi Mam, In last steps you talking about loan pre closure. But bank charges for such steps.
Right?
मैडम जैसे की आप बता रही हैं कम से कम समय में भर दो लेकिन मैं कह रहा हूँ कि इतना भी कम समय न लें कि EMI ही टूट जाए मैं तो कह रहा हूँ कि ज्यादा समय का लें, जो आप बता रहीं है कि 50 लाख के लोन पर 65 लाख ब्याज हो गया ये कुछ भी नहीं है 25 साल के बाद यदि आप जमीन खरीदें हैं तो 50 लाख के जमीन की कीमत कम से कम 5 करोड़ होगी!
I think she is not including the appreciation of price. The real estate market these days is not behaving like the old one where price increased 10 times.
Par aap sidha 25 saal k baad nahi pay kar rahe
dhire dhire kar rahe he
roopnath yadav ji
She has given a foolish advice
Right yadav ji
Mam is looking amazing same as seema anand
You are so so sweet. Is daur me esi useful information and knowledge share karna woh bhi itni achhi tarah se, salute hai aapko . Thank you so much for educating me and millions of Indians fellows with your billion dollar knowledge. God bless you with more and more success. Wish to see you on big platform as a “Lady Leader” in future.❤️
Ma'am you haven't calculated appreciation on the property and inflation rate.
Without these two, it's half information.
After taking 10 years I thought she would calculate with what if you pay loan amount in couple of years...!!!😀
😂😂
जीवन की सभी बडी-बडी फाइनेंसियल ज़िम्मेदारियों के को पूर्ण करने का मात्र तरीका।
आसान नहीं, पर 100% गारंटी हैं।
फोन पर Msg कर परमिशन लें....
1 प्रथम प्राथमिकता भोपाल बाशीयो के लिए।
2 इन्दौर और 3 अन्य सभी का स्वागत है।
पुरुषोत्तम - 90390 93093
Ap 25 yr ka EMI bataya
Lekin 20yr
15yr
10yr ka EMI bataya nahi. Mam
Her idea is waste . She is not financially correct. Never repay ur home loan. Interest is falling.
20 sal emi Get 42916 rs per months
20 sal ka emi 25 sal ke emi se jyada ata hai 4000 rs jyada
20 sal loan repay and emi
50 lac loan +53 lac = 103 lac/240
Emi Get 42916 rs per months
15 yrs emi pay 50 lac plus 37 lac
= 87 lac
Get emi 87 lac /12×15 ys 48333 rs
10 ys emi
50 lac + 23.60 lac 73.60 lac/12×10
Get emi 61333 rs
@@jadhal9280 calulation sahi h bhai aaka madam to fuduu bna gii
Thank u mam apke iss video ki vajha se mujhe bahot kuch sikhane mila hai. Aur apke tips par chalna shuru bhi kiya hai.thank u so much.
Mai ek kaam karta hu is hisab se mai sirf ek saal ka loan leta hu aur 1 crore se bhi zyada byaaj bach leta hu 😂😂😂 what rubbish 😂
flaunt speech, excellent presentation, proper directive guidance.. thanx me'm..
Good
Very good.☺
अफ़सोस है mam कि मैंने आप का विडियो पहले नहीं देख पाया और भवर जाल में फंसाकर रह गया हूं।
Make part payment on your loan you will get benefitted
Very Very thanks mam, is par sabhi ko amal karna chahiye taki aage chal kar preshani me na fanse, Aur mai bhi is par zaroor amal krunga, insha allah, shukriya aap ka,
Thank you madam this is useful. Just a question on the charges involved when paying off earlier than the tenure.
No charge in public sector banks .Pvt banks do charge
When we deduct 25 EMI's (2years &1month) out of 25 years the remaining period comes to 22 yrs.&11 MTHS and not 19 yrs & 3 mths
This is why you needed to concentrate more on the math classes. Read about compound interest.
If we keep less tenure than EMI will increase. EMI will. become > 50% of your monthly income.
Bhai Tenure 25 hi rakh... but payments jaldi karte ja....
That's the beauty... You can keep the tenure as high as possible but prepayment of the loan will do the magic, discipline is must.
I like the idea of saving 20 lacs from loan of 50 lacs, many many thanks for"given idea/ suggestion, R k soni,
Ok raght
Video banana aasan hai, per Jo rent per rahta hai unko pucche kya dikkat hota hai
Swati mam 🙏🙏🙏 aapki sabhi video bahut hi labhdayi hoti h Or bahut kuch sikhne ko milta h Or bahut himmat aati h jab aap itni aasani se samjhati ho aap bahut achha kaam kr rahi ho 🙏🙏🙏
Aap isi tarh se video banate rahiye Or hamara marg darshn karte rahiye..
bhagwaan aapko hamesha swast Or khushi rakhe (dhanyavaad)
Good afternoon, Madam, Swati. In my view it's one if the unique presentation from B Wealthy. Hope this will help all a lot. Since shared among my friends who has taken Housing loan. By the way, it's not flattery, a superb presentation from a superb Lady. Keep it up, Swati.
And I am really glad to know that you liked the content of B Wealthy, Tapas Jee. Shukriya for watching and sharing. Stay Blessed, B Wealthy.
for amit singh comment "you sound like my mother" you gave heart, but there are comment asking question which you have not replied??
EMI तो ज्यादा हो जाएगा उसके लिए आप कुछ नही विवरण दिया?टेन्योर कम होने से क़िस्त पर जोर पड़ेगा.
Bilkul sahi
Uske liye aapko apni extra income ko kharch karna padega like bonus
U r Wright
Right bro... bakvas video
Existing emi me 5 to 10% extra payment krne se loan ka tenure km ho jayega
गागर में सागर। आप के वजह से युवाओं को उचित मार्गदर्शन मिला। आप के द्वारा दिये गए मार्गदर्शन की जितनी प्रशंसा की जाए कम है।
ईश्वर आप का भला करे।
मैडम पूरी जानकारी देती नहीं है केवल उतना ही बताती हैं जितना सुनने में अच्छा लगता है। ये भी बताओ कि तेन्यूर कम करने में ई एम अाई भी बड़ जाएगी उसी रेश्यो में। पूरी जानकारी दिया करो मैडम।
Ye bebkuf madam h chote chote calculation to book m dekh rhi h ..
बचत तो जब होगी जब EMI aadmi m budget m hogi
Right
Wrong or hiding formation and calculation,,you have not added prepayment cost in this. For first -if paid one EMI extra every year then principle =50laC & interest =55,82,799 lac ,in this 40000X 20 year=8lac so approximate total in 19 year is 50 lac +55 lac =1,06,92,209 total amount ,,,,,second case-every year 2k added- premium = 50 lac, Interest =37,77,375 lac, so total paid is 89,49,442lac in this prepayment amount is 25,62,996 lac .So you told us tenure ia reducing but you have not told us how much actual money we are paying ,,so all viewers please make your own calculations.
@@arusak1669 wrong no prepayment changes for SBI. I had done prepayment of 10 lacs in 3 yrs. She is absolutely right.
Mam you have done a commendable job by posting this video. I had exactly followed this practice and cleared my home loan in 8years. This formula really does wonders 😊👍
भइया मुझे भी बताना यार 7831999559 मेरा whatsapp number hai bdi kripa hogi
Though i knew this, but very much liked your idea of sharing this in public interest.
Very fine. Had I known it at the very beginning of my career, I could save more. Thank you.
Perfect maam,
Thank you for opening my eyes
I appreciate the information. But you have not considered Income tax rebate of 30% and rental income saved or earned. What will be the net gain. Request to calculate considering these aspects also. Indeed good informative video
I dont understand the logic, if tenure reduces of course the EMI will increase and loan will close, whats new in this
I bought a property for 35lakhs now it costs 70lakhs after 6 years, i did not pay single rupee rent for 6 years having pleasure of staying in own house, my need and desire i spent on home and my investment it took care
I agree with u
Agree...
Absolutely agree
Really valuable suggestion. Need to implemented by everyone who has taken the home loan🙏 thank you Swati mam 🙏
The very first thing is this
In EMI
THE FIRST YEAR is the highest interest and decreasing so on
If you increase your EMI you have to pay the more interest in terms of percentage
But benefit is just a time not the remarkable interest
Interest is just slightly lower
Please make power point presentation instead of writing. This will save your and our time.
35% se jada emi mat do lekin loan 10 saal me nipta do.. Wah...
😂 She has completely
Emo nahi bataya.20 saal,15 daal,10 saal
Very nice information madem .
Your video is really very very useful. I'm an entrepreneur and having more than 400 employees in my organization. I shared this video information with all of them and it is really eye opener for them. You are really doing very nice work.
May God bless you with all Success in your life.