Home Loan Prepayment – in the Part-1 of this blog, we looked at the structure of EMI. We will in this Part-2 of a blog look at the Pros vs Cons of the prepayment. Then we will also look at scenarios under which it is not very wise to prepay. Pros of Home Loan Prepayment…
Home Loan prepayment is one of the most difficult decisions to make. I personally have a home loan running from 2004 till now and have not thought about closing it. Saving taxes vs Part repayment of the loan vs Investing the repayment amount in some other assets – all of us are torn between making…
Everyone knows about LIC in the country, but not many have heard about Postal Life Insurance (PLI). Please note that insurance should never be done as an investment. We will compare the LIC and PLI from three aspects – Premium Cost vs Returns vs Ease of use. In the end I will also share my…
