Most of the young, enthusiastic workforce buy their dream home and then aim to prepay the home loan. Should you prepay or use the surplus for further investment? Looking for clarity on this question read on – Prepay or Reinvest? To understand better, evaluate the following conditions in your financial planning – When to Prepay? During initial years of Home Loan, interest outflow outweighs principal payment. Whereas towards the end of Home Loan tenure, principal payment is higher compared to […]
Should I pre pay my home loan?
Should I buy a plot on loan to meet my goals or should I reinvest the monies in the market – Which will fare better? By Akhila Muralidhar
Should I buy a plot on loan to meet my goals or should I reinvest the monies in the market – Which will fare better? Real Estate is one asset class which never fails to lure the masses. In India, people prefer to invest in Real Estate to meet their goals. With land being in limited supply, it is very enticing to invest in this asset class. With increasing costs, building or buying a house has turned out to […]