Best Way To Pay Off Home Loan  

creditor? even the courts don't have the power to touch pfs

​@@Omega-dj9sheven prime minister😂

​@@prasadmankar7650prime minister is not above court

even president

Even mia khalifa

Oscar-Saying you are going bankrupt doesn't change anything. Micahel - i didn't said it, I declared it.😂

"You can't just say the word bankruptcy and expect anything to happen" "I didn't say it, I declared it" "Still.. it is not... Anything" 😂😂😂

this guy is getting info from the movies and the internet his too dumb to get it ! priceless

Haha that's exactly what happens in the office 😅😅 /s

fr

Yeah​@@dragoonxgamer

Literally what I thought 😂😂

😂😂😂

The person who promotes staying on rent rather than buying own house can think only this much

Then u should know how to prioritise how, when and how much to spend with ur bandwidth

@@ajaysurve_21 exactly that doesn't mean that u dont take ur own house. I remember people during covid have morgatage thier houses to fullfill medical expenses.if one would have stayed on rent then ?

@@kunalshah2331 dude then take loan on your company/bussiness in early 20s we should invest on building a bussiness rather than buying a house

What's that I don't know

No it was Michael Scott from The Office

Nah it was michel Scott from the office US

No bruh it was Michael Scott from the office

I have 6 lks in ppf, and home loan emi 34k no other loans

​@OorsuttriTNdid you withdraw your PF and repaid the loan?

prioritize more "dear" assets that you can pay off, let the bank take back their car and decrease your credit score for defaulting on personal loan, but dont let them take away your home, if it comes to worst sell your home at your own terms before the bank puts it up for auction. because what they do, say your home worth 80 lks, loan amount is 80% is 64 lks, you have paid off 20 lks in principle and left with 54 lks ... banks will auction such that (they tip off some relative) who gonna buy it for dirt cheap either 54lks or even less, bank prioritizes recouping the loan amount first, if there is still balance they might write it off, but you wont get anything. better yourself sell it for a loss of even 70lks you will have some little money at least for yourself

I think in the finance point of view but your think in the emotion and bond of home. I agree your point and I like it

@@Gokullokesh yes emotion and bond of home maybe true too, but home loan has a higher value collateral that you must protect, while car is a depreciating asset, Home is not a depreciating asset, rather it can even earn you income (lets say you lease a part of the home or even fully, eg rent for 20k and use 10k to yourself stay in a lower value rent home - or rent first floor of your home and you shift your family members to ground floor even if its congested little) - which is why home becomes an important asset to protect first esp when it comes to the worse of worse you dont let go of home easily because if one lets go of home easily and lets say he/she lost job cant pay rent, then they will come down to the streets. unlike car, home is a living essential, you can use bus service if you dont have car easy to deal with, but imagine no home, no money to pay rent, and full family members to take care of, the person would have to count on a relative who can help him if there is absolutely no other property to survive, basically looking at the streets!... and the personal loan nobody can force you to pay it if you can prove that its not a willful default. Its just a civil case, but only becomes criminal if we do a willful default. One can also ask for personal loan restructure if he/she think thats possible

PF does not pay for Car Loan and other Loans, but only for Home Loan😊

​@@Motivational-lf8zqthey are not assets since all of them are not used to make money out of it

No of years is more. Calculate what u are paying on 3L PL for 3 yrs vs 3L on HL for 20yrs.

Main difference is PF only supports home loan.Not others

Well pf can be withdrawn only in case of home loans or health reasons.Not possible to pay off other loans with it.

​@@sivag2032where shall I got the information about withdraw PF details to repay the loan

And for people who want more here some more when you declare backruptcy yuor credit will be at 0 for 10 years so avoid it at any cost

25 din me paisa double scheme hai...interested??

@@inningsfantasyfables okay 😂