How to Reduce Your Home Loan Interest?

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How to Reduce Your Home Loan Interest?
Thodi planning se tension kam ki jaa sakti hai 🥲
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Опубликовано:

27 апр 2022

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Комментарии : 670

@TheAbhro 2 года назад

by ur logic: I have an idea we can save the whole interest just by paying 40L at once!

@Abhisheklakshkar 2 года назад

🤣

@powerranger9813 2 года назад

😅sahi

@martinvkumar1 2 года назад

Nothing better than this.

@meditation.365days 2 года назад

tax lgega bhai 🙄🙄

@meditation.365days 2 года назад

wrong logic

@dont_talk2me 2 года назад

Oh nice idea I will make emi of 40 lac so my interest will be 0. Thanks so much!!

@krutibastripathy9405 Год назад

😂

@ShivamKumar-ve8xt 3 месяца назад

It should be on reducing interest rate

@MukeshGupta-sl6yi 2 года назад

When you have graduated from WhatsApp University

@mahesh.svlogger6908 Год назад

😂😂😂😂😂

@girishgold9226 3 месяца назад

What is wrong in this strategy?

@sambrown6230 2 месяца назад

@@girishgold9226 better option is doing sip of 5000/m Which gives you 23.5 lac in 15 years And if you continue till 20 years amount will 46 lac .... Only if 12% return from index fund....

@JPSir Год назад

EMI hurts only for a few years. Then inflation, salary everything goes up and the emi feels not as much. 33000 will feel like 15000 after 10 years.

@harshgoyal3563 2 года назад

If my CA had given me this advice i probably fire him

@piyushsharma4068 2 года назад

🤣🤣🤣🤣🤣

@AshishKumar-kj5cf Год назад

😂😂😂

@abhbha99 Год назад

Ye bhi kabhi kisi ki CA hua kerti thi , fir isne usko same advice diya hoga . Now she is on RU-vid 😂😂

@mahii756 Год назад

You guys are having CA

@sarthakkumar8679 2 года назад

Why not investing that extra money in mutual fund for 15 year which will yield return enough to Cover my interest plus I will get some extra

@robust_singh 2 года назад

What if returns are not profitable

@Chandrasekhar605 2 года назад

@@robust_singh invalid questions.. Do real time calculation and compare both .

@robust_singh 2 года назад

@@Chandrasekhar605 yes my kid you are new in market i think so

@Chandrasekhar605 2 года назад

@@robust_singh I'm banker and i knw diffrence between running home loan and preclosure of loan. Tera baap hu mein . So don't teach your dad.

@Chandrasekhar605 2 года назад

@@robust_singh normal long term SIP investment will give you minimum to minimum 10-12% yield .. learn basics of compounding and calculate SIP investment for 20 years .

@sujalomar 2 года назад

really nice point. I wanted to add something which my father is pursuing - he pays an extra emi every year and increase the emi by 5% every year. with initial calculations, he can pay off 25 years loan in just 10 years....

@ramroopyogi8523 2 года назад

40lakh principal+40Lakh interest=80Lakhs. Agar me prepayment 20 lakh karta hu to Principal 20lakh bachega...aur uske baad interest 20lakh k hisaab se banega yaa vo hi shuru ka 40 lakh rahega? Plz ask from ur father

@sujalomar 2 года назад

@@ramroopyogi8523 obviously 20 ke hisaab se banega, jitna principal amount hai uspe interest banega na

@dangerrahead 2 года назад

Iske video dekh k kya nai karna woh acche se pata lag jata hai , aada information haanikarak hota hai maamu

@anuragsharma2738 Год назад

OMG....you are from another planet...what an advice...ek hi emi kyon na kar den 40 lac ki

@aadeshdixit3177 8 месяцев назад

Paying large EMI or doing time to time partial payments which one is better option in purpose of saving interest and to end loan early ?

@syedsalauddinayubi6196 24 дня назад

Partial payment

@NarendraAgarwal 2 года назад

Gajab all video are very informative and useful mem

@shahnawazshah9735 2 года назад

Sorry madam but.... Pehle toh main aap k video kuch sikhne k liye samjhne k liye dekhta th but ab aap se pyar hone laga hai i think u are so beautiful aap jaise bolte ho aakhe sound k sath kam Jayda krte ho mast lagta hai

@saurabhluther2404 2 года назад

Har 3 months may interest rate change hota so 20 saal ka loan 25-26 saal may khatam hota hai bcz by default automatically apka tenure increase ho jayega and emi same rhegi

@jorhattech 4 месяца назад

I would rather suggest to invest seperately 3-5k per month in sip. And after 10-15 years repay the amount to the home loan account. It will reduce the burden.

@MuthuKumar-xt8hr Год назад

How to increase the EMI ? Should I give any letter or any form?

@digitalharsha4584 7 месяцев назад

I don’t understand emi concept please canu explain how loan will be given on bank term and conditions

@PlumbingExpert 2 года назад

Mem madical insurance lane ke badh agar kisi women ka delivery me sijarian hota hai. To Kya insurence ka clame company degi?

@sbimochan 9 месяцев назад

Make sure to link the url of the calculator in description

@UtkarshiniEdutech 2 года назад

Yes, and if you pay 50k it might be over in 10 and wait for it... if you pay 100k you'll be done in just 4 to 5 years... It's magic, really magic

@ChandanSingh-zf1jj 2 года назад

I request to u please give only such type of information .thanks for nice information .

@stockguru02 Год назад

Par upar 9 lakhs bhi spend hoge...15 years ..+5k every month.. Means 60k a year.. 15*60 is 900k

@blitzqa9325 Год назад

I just love the expression, I cant hold to look her expression infinite times and laugh . What a real expression . I dont know her name and all but the best

@reyanshchawde3848 2 месяца назад

Plz suggest can i by car with car loan i have already a home loan , this is wrong or right

@Sandeesh_Srikantam 2 года назад

Sahi 5,000 agar emi jyada pay karne se behtar ache mutual funds mein invest karte toh, extra interest jo bhi pay karenge usse gyada profit milega mutual funds se.

@honeykashyap6832 2 года назад

Mutual funds are subject to market risk

@Sandeesh_Srikantam 2 года назад

@@honeykashyap6832 haan ! Par fir bhi, agar Dhyaan se dekh ke invest karte toh bahut acha faida hogi.

@NileshShoots 2 года назад

Modi funds mein daalo

@kanishkgiri6429 2 года назад

@@NileshShoots doob jayega pura

@govinds Год назад

5k , 7% rd for 15 years will gain 15 lacs, and you are saving 12 lac interest. Women ☕️

@rameshsaini7192 2 года назад

Mam ye SIP system kya hota h loan ke sath thoda explain kr skte ho?

@AmitKumar-bm9nw 2 года назад

I must say Shavir Bansal is doing good in spreading awareness by financial literacy. Keep it up Manu.

@SumitNegiTech Год назад

She is right jo log troll krre hai unhe ye smjna hai ki hamesha even single extra emi in 1 year can do difference

@kushagrashah4160 2 года назад

Her most of the reels are factually correct but this is shit logic... are bahin kam emi pay karni thi tabhi to 20saal ka liya he... iss hisab se 10k extra ded 10saal ka hi tenure bachega... par nahi de sakte na.🤦‍♂️

@vishal17935 2 года назад

true

@onkarpatil5490 2 года назад

Exactly....jyada emi diya...to jaldi nil hoga

@ASHISH-ux1cw 2 года назад

Right

@priteshmalani9182 2 года назад

This logic is applicable considering that you are getting some salary hikes in next 1-2 year

@onkarpatil5490 2 года назад

@Mr India hahaha...but jokes apart... prematurely closure ke liye bank alag se charge krti hai...kyuki pre closure me unka nuksan hai..

@umakant10 2 года назад

Ur all videos are brilliant

@bekifaayati 2 года назад

Thank you

@shripaldesai6200 Год назад

Wese 5000 sip 20 year karke bhi save honge na with compounded return

@lonewolfindia3489 2 года назад

By that logic pay the entire amount in the next installment you'd be free in one month

@omprakashyadav9272 Год назад

Bank inflation bhool jayega kya.... Extra amount inflation me add hoga...n most home loan are flexible in nature

@sureshkshirsagar1641 Год назад

Mam please suggest me, mera home loan Motilal Oswal home finance me he or Maine EMI badhake Dene ke bat ki to o EMI badhake nahi de rahe he , or bol rahe he yearly 20% amount extra bhar sakte he but EMI nahi badha sakte ,. .....to legaly kya karna padega

@Er.GS_negi236 2 года назад

Garmi me bhi shoot ,halat khrab h ldki ki lekin fir b kaam pr pura focus h ,kya bat h ,dum h ldki me 🙏👏👏👏👏👏

@rishabhmishra8972 2 года назад

Banks be like... : Commitment Charges and pre-payment penalty lagte hai... Oversmart banne k😅

@narayana_3214 2 года назад

Yes😂 ha par Floating rate par Prepayment charge nhi lagta

@srinu7011 4 месяца назад

Nahi lagta koi charges main part payment kiya hai kai baar

@VarmaGovind0201 2 года назад

Samajh mai to kuch kum aaya... Par Sunke Acha laga or DEKH ke bhi...aapko.. ♥

@shaa1415 Год назад

My sister and her husband purchased apartment in Hyderabad for 75 lakhs before 4years now it is 1cr extra 25000 rs rent for 1 month.

@ted.i2 28 дней назад

Meri EMI auto debit hoti hai...kya extra EMI amount pay krne k liye bank se contact krna pdega kya..... please suggest

@Aniketkinhikar 4 дня назад

Yes ofcourse u need to write a mail for ex sbi bank ka , racpc branch hta he Baner pune me ek he to waha jake b ho jayenga kam

@vishalpandya84 Год назад

Currently I am paying 9.65 % roi of my home loan, is it good idea to prepay loan before I reduce interest rates or first i should reduce roi and then prepay?

@deepaktiwari5877 Год назад

I was expecting 5% rise in Emi payment each year or partial advance payment during end of every year. These will bring down interest amount by a good margin.

@ashutoshagrawal4103 2 года назад

The point here is people forget to change EMI even after their income is increased or whatever EMI bank set for them, they keep it that way. Which cost the net property more . So if u have more savings this year u can increase the EMI. and save more . One more way is to pay lumpsum amount u got in ur bday or some extra source of income and reduce the principal. Much more savings on intrest cost that way.

@skull9469 2 года назад

Better option 5000 ka sip karlo 15% pa 20 years ma 75 lakh miljayenga. Or Ghar 500000 ma.

@gouravtripathi4844 2 года назад

Thanku... For lvly advice by cute smile girl 🙂

@gautamsinha5998 Год назад

Please check if your housing finance cos support this mode of part payment practically

@AyushNiranjan 2 года назад

It's better to start a sip along with home loan rather than lowering the loan duration

@ROHITSHARMA-nj5nh 2 года назад

If you invest that 5k/mnth at minimum 10% interest for 20yrs you will get approx 38lacs which is i think a better option then increasing you monthly emi.

@antaripsaikia3908 2 года назад

Do prepayment and reduce the principal amount.

@Navnath_Borhade 2 года назад

What about FOIR. and applicants other obligations?

@anuragsingh-ed4gk 2 года назад

Pay an extra EMI every year too… and increase EMI payment by barely 5% every year… considering income increment is 8-10%.

@nrjar 2 года назад

Yeah tell that to bank to restructure your emi or loan first they don't do it easily and if they do they charge for it as well. Better invest that extra income in some sip fund.

@pradeepgaikwad4499 Год назад

Madam Mera ye doubt he ki apne jaise bola waise kar bhi de lekin bank or financial company apni software me imandari se update karegi kya. woh nahi karega

@mustaksheik5627 10 месяцев назад

Helo mam agar 45 lack ka house loan lene par insurance b Lena zaruri hai kya

@gyaanibaba1995 Год назад

@bekifaayati .. Everyone tells about prepayment but no one says about the limit of prepayment . Can I give 500000 lakhs prepayment in 16 lakhs loan ?

@gyaanibaba1995 Год назад

5 lakhs prepayment every year in loan of 16 lakhs for 10 years

@sk1trillion 2 года назад

Your maths is wrong for 8% interest for 40 lacs for 20 yrs the emi would be 43,333.33rs & total interest would be 64 lacs & If done for 15 yrs the emi would be 48,888.89 rs & total interest would be 48 lacs

@gauravmagarde9756 Год назад

Yadi floating me rates bad gye and tenure bad gye to fir kya fyda?

@dametocosita4994 2 года назад

This is wrong. The extra payments will go towards your 40L interest, it won't go towards the principal amount repayment. Your tenure of payment will decrease but you'll end up paying the full amount anyway.

@JainmiahSk 2 года назад

My home loan 20 lakh at 8% interest for 15 years. How much should I pay to save interest?

@majorknox7327 11 месяцев назад

what is your monthly salary and expenses excluding EMI

@rishabhdisodia7865 2 года назад

i am getting a home loan of approx 30 lakhs...can you give advice on some things

@motivationalquotes6452 2 года назад

Logo ko actress par crush hota he mujhe to ap par hi ho gaya 🥰💕

@kirankumari-li2yw 10 месяцев назад

Mam hmne 15lakh ka loan liya hai mujhe 4 yrrs hua hai paise deta bank ko.monthly 15000 per month de rhi hu. Mera total 7,20000 hua hai total 4 years ka aur abi Bank walo ne interest bahut zada kata hai Bank me abi Mera 1,50,000 hi Gaya hai pls suggest me 15 yrs ka loan hai

@Avinashzyx123 2 года назад

I also took a 40L home loan for 15years but fortunately i could clear it off in 4years

@BharathJ-49 Год назад

How?

@Avinashzyx123 Год назад

@@BharathJ-49 any extra income I would deposit in loan account. I was amazed to see the reduction in month it created. It motivated me to keep doing that.

@majorknox7327 11 месяцев назад

how brother

@bineetsingh2682 2 года назад

Students loan p koi concession h kya?

@tusharchandna01 2 года назад

Sec 24A upto 2 lac per year deduction from total income can also be availed

@allisettysandeepkumar3863 2 года назад

Plz make video on rate of interest hike....(repo rate)

@kuldeepsain6248 Год назад

Sis. Mere ko loan Lena h 30 lakh 8.5% 15 sal ke liye h jis ki emi 29542₹ banegi agr me ek sal 2.5-3 lakh extra jama karta hu to Mera loan kitne sal me complete ho jayega or interest kitna pay karna hoga

@pritamkr31 Год назад

salute hai.. 40lakh ke liye 28lakh extra..🙏

@tusharjadhav3674 2 года назад

Ye emi calculator icici bank ka he na

@chiragrajvaniya2362 Год назад

Video dekh kar khush ho gaya 😊 (Kaash Aisa hota ho 🤗) CMNTS padhne ke baad laga Aankhen 👀khuli gai 🕵️‍♂️

@ravisuranachennai 2 года назад

Why can't we do SIP for 5k every month, and repay lumpsum every year

@marketmovers8739 Год назад

why give 33000 EMI simply pay 38000 em from begining, loan tenure and interesrt will automatically come down

@sadilsadabwasimkhan 2 года назад

Ma’am mujhe aapse kuch help milegi …..mujhe study lone lena…mbbs ke studies ke liye to maine kaise kya kru kuch smjh nhi aa raha h🥹🥹🥹🥹plz ma’am help kijiye 🥹

@HD-nj1fz 2 года назад

Investing in stocks for 5 years as sip 33000/month will give you Approx 20% CAGR i.e, 34 lakh .🤔🤔🤔🤔

@Sssssdssss4 2 года назад

Extra fund kaha se aayega dear

@saikatdas2945 2 года назад

Better to spend that extra 5k in a mutual fund which will give 12% return back. So net 4% profit will be there. Rather thn increasing the emi amount and decreasing the tenure. Invest in Mutual Funds.

@mihirgupta6958 2 года назад

12% return nhi milta mutual funds mein. Agar u say 12%, then it means 1% per month ka return on an average. That still means 7% interest

@bhaskartene8747 Год назад

Hi madam I am taking next month bank personal loan 5 year 500000 ( reduces intrest) Fixed 0r floating interest whis better please reply.

@mdmustafaansari645 Год назад

Ma'am is there part payment facility in SBI through yoni SBI app?

@RaviSamariyaAjmer 2 года назад

If someone do SIP of 5000/Month in a typical smallcap or midcap fund he/she will get 24 Lakh after 15 Years@12% return

@parrot_blog_ 2 года назад

20L ka loan chahiye kaha se Lena sahi hoga...

@SameerKhan-sr6zm 2 года назад

Bilkul shi bhut bdiya video bnai h

@akkusrivastava7225 2 года назад

Ma'am ye homecredit walon ke liye bhi koi rule bata dijiye.....loan liya meri cousin ne aur ye log mujhe pareshan kar rahe hain call kr kr ke

@Deepakkumar-xs1oh 2 года назад

Miss kifayati Aap kabir singh movie me ho na??

@ironman6461 2 года назад

Again wrong information or saying precisely wrong calculation if he increase his emi amount he have to pay same amount (as interest is calculated at time of loan sanctioning banks takes interest amount first then principal amount). If he wants to do something put extra amount in mutual fund or develop more skill to earn more.... & One more thing home loan lete time nhi pta tha kya 20 saal tak pay karna hai 😂😂

@Rahulkadam1991 2 года назад

Your emi will cover interest and principal both. Paying extra amount will reduce your principal only. But I agree with your point that if we have extra amount to pay we should invest in long term mutual fund

@priteshmalani9182 2 года назад

No, this is not how it works

@mani-india 2 года назад

Ye kuch jada oversmart dhikha rahi hai, rs 5000 kaam dene se jo 5 year extra emi ka fyda ye youtuber nahi ek CA bata sakta hai. Aadha adhura gyan ka yehi results hota hai

@Kuchbhi0369 2 года назад

😬😬😬😬

@ramroopyogi8523 2 года назад

@@Rahulkadam1991 40lakh principal+40Lakh interest=80Lakhs. Agar me prepayment 20 lakh karta hu to Principal 20lakh bachega...aur uske baad interest 20lakh k hisaab se banega yaa vo hi shuru ka 40 lakh rahega? Plz explain

@rajanmoses 2 года назад

Guys the best way is if you have more 5000 to shell out every month invest in Mutual funds which will give atleast 12+ % rate of interest. Therefore you can pay your home loan much faster later. This is better than what she has suggested. Put it on Excel and see.

@amitfore 2 года назад

But you still paying 9L in 15 years and saving just 3L. What's the point. Instead go for mutual fund, it may give you more than 40L in 15 years.

@navithashetty3843 2 года назад

I have some doubts... I can save 3000 every month after all my loans, savings and expenses every month. Having doubt whether I invest in sip or repaing extra money to my 10 laks personal loan that I took for 5 years. Please help to me

@bekifaayati 2 года назад

Depends on your risk appetite. Investing can be risky, but prepayment as you know is completely risk free

@macklonfernandes4309 2 года назад

@@bekifaayati could you help me out to calculate how much should i pay extra please?For HL of 36 Lk @7.60% interest

@Emt525 Год назад

please full video banna skate hai kay

@nostalgia_12 Год назад

I have done a BT Home loan, the cheque amount is more than the loan, so the previous bank refused to accept my cheque. Pls help

@pawanagrawal6884 2 года назад

mujhe aapki help chahiye Maine ek pl liya hai jab liya tha unne jabardasti insurance karaya tha jabki Maine kaha tha mere paas insurance hai ...tab one time bataya tha ab renew ka msg aa raha hai to kya renew ka premium mujhe Dena hoga agar haan to isse kaise bacche aur mein loan transfer karna chahta hoon kaafi mehnga hai

@Emt525 Год назад

repo rate badhane se loan ka payment time bi increase Hota Hai

@RANJANVERMA303 2 года назад

Sorry.. but I have an better solution... EMI 20 saal hi rehne do...Jo extra 5000 ap EMI me dene vale the uska govt bond ya MF le lo 20 saal ke liye... or ye socho ki extra EMI de diya... Ye investment apko minimum 8% intrest de dega... Joki agle 20 saal me 29 lakhs ho jayenge... So this way loan ke khatam hone pr apke paas 29 Lakhs honge.... Or haa main safest minimum intrest ki baat kr rha hu... Agar intrest jyada mila to you can do the math...