Home Loan Prepayment Vs Investment
Home Loan Prepayment Vs Investment https://www.fundstiger.com/home-loans-prepayment-vs-investment/ Should I pay off my home loan or continue investing in the hope of decent returns? This is the most intriguing question which keeps playing on the mind of a large number of home loan takers, particularly in a falling interest rate regime like the current one. After all, when returns on investment avenues are not guaranteed or the current yields are all set to fall further, then doesn’t prepaying high-interest or longer-duration loans like a personal loan or a home loan seem to be a better option? However, is doing that a wise proposition? As opposed to the previous generation that used to save for years to buy their home, the current generation prefers possession of a house very early in their life, which has been made possible due to easy accessibility of home loans. A home loan is generally the biggest financial debt most people take in their lifetime. At the time of availing a lo...