Pay Home Loan Faster
Tips to Pay Your Home Loan Faster
Tricks to pay your home loan faster
Paying a home loan early is the dream of a borrower. By following certain tips you can pay off your home loan faster:
Purchase a home you can afford
Save money before applying for a loan
Take some part-time jobs or do freelancing to make extra money
Don't take any personal loan
Make partial repayments as much as you can to reduce interest rates faster
Reach the principal amount early
Postpone your unnecessary travel plans
Always keep 3 month EMI amount in your account
Lease your property which you rarely use
Pay your credit card bills on time
Use the profit from your other investments like fixed deposits
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