Should You Prepay Your Home Loan or Invest?

You got your annual bonus. You have a home loan too. What should you do? Use the bonus (lumpsum) amount to repay the loan OR Invest the amount in the hope that you will earn a higher post-tax return than the post-tax cost of home loan There is no black and white answer. My stance… Continue Reading

Should You Aggressively Prepay Your Home Loan?

Home loan is a long term financial commitment. At the time of borrowing, your income may not be sufficient to service the bigger EMI or you may have other obligations and debts like car loan or personal loan. But once you are done with all other loans or when your income increases, you may be… Continue Reading

Investing in Debt Funds vs. Prepaying a Loan

You just got your annual bonus. You want to decide between whether to use the bonus to prepay the home loan. Or put this money away in a bank fixed deposit or any other investment. The approach is simple. If the post-tax cost of your loan is HIGHER than the post-tax return from the supposed… Continue Reading