Home Loan में Interest पे भारी बचत कैसे करें? - How to manage EMI, Tenure & Loan Prepayment?

[@AssetYogi]

Join All-In-One Video Finance App here: vidfin.com/ Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.

[@dreamcatcher9491]

KZbin is made for these kinda stuff. Thank you so much for educating us. Everyone needs this in a country like India where we do not have Rich Dad to teach us.

[@AssetYogi]

Keep learning

[@vishalvikram9811]

Home Loan में Interest पे भारी बचत कैसे करें?

[@herlzaf]

Great information.... Thanks for the EMI calculator

[@parameshgoud9330]

]

[@vkdanewa117]

⁰

[@shouryaslife3606]

Thank you so much you saves my money. After watching your video I did Prepayment most of the amount. Thanks for million dollars advise.

[@PraveenKUpadhyay]

Ye to pata h mujhe , I already did prepayment 2 times and saved 6 years and 6lakh.😎😎😎

[@mradulbhardwaj3147]

Bro, I have _never_ seen more *knowledgeable* person than *you* !!

[@AssetYogi]

Thanks for appreciation 😊

[@kksaurab]

Do Google and calculations you can do it yourself. He is not Gyani.

[@mradulbhardwaj3147]

@@kksaurab Google have everything… So Why we are studying ? Why we are *craming* ? What's the need of *school/college* ? Why we are paying *lakhs* in educational institutes ?

[@kksaurab]

If you know there are many people who cleared Civil services exams and many competitive exams by studying via internet. If you set your goal then institute and college doesn't matter you can learn from anywhere. 👍🏻

[@iftikharhasan6061]

Mradul Bhardwaj kya baat hain sir 👍

[@ND-uy2ok]

An EMI calculator to account for floating interest rate will be very useful. Most of the home loan borrowers have been using home loan scheme floating interest rate. All EMI calculators available are with fixed interest rate.

[@rohitjadhav8879]

D

[@mukeshkumar-og8cn]

I agree to this... Floating rate EMI calculator will help us in planning our prepayment

[@medramtanwar3970]

Very very absolutly correct in my life and very very thanks Sir for your advice and we are faceing very big problem due to my home loan.

[@AssetYogi]

Thanks Tanwar

[@sriram7612]

The EMI calculator is really helpful. Thanks. Wish I had this calculator 20 years back....

[@vmoney2852]

Sir I am a banker but mere finance ke guru aap ho. Life me aapse personally milne ki tamanna hai. Sir you are great mentor. Dil se pranaam.

[@AssetYogi]

Thankyou soo much for your support keep learning :)

[@zion.2410]

Just paid off my second home loan in just 4 years.. what a relief!!!

[@shrikantrakshe8499]

Can you help me how did you manage two loans n closed one in four years. I am in same situation

[@vijayamarakala5863]

I think it is wrong decision, if u invested in PPF(installment) or KVP(one lumsum) your home loan interest will be completely free.

[@ritheshmonteiro533]

@@vijayamarakala5863 how is that ?

[@vijayamarakala5863]

Option 1) if we take 20years term in home loan, present RI is 8.45, for rs. 2500000/- Total amount paid i.e prl+int is 5200000/_ Additional amount of Rs.12500/- (monthly) or 150000/-(annually) may deposit in PPF for 20year(15 year+5yr Extn) my investment in ppf in 20year is 30,00,000/_ So total paid amount in 20 years is PRL +INT+PPF> 82,00,000/- But I will get PPF maturity amount as Rs. 6400000/- 8200000-6400000=1800000 My expenditure on home is 1800000 only. Option 2 I we invested KVP the amount doubles in 10yr4month 2500000 become 5000000 and 5000000 to 1crore in another 10yr4months the profit around Rs.4800000/ Rate of interest in loan/PPF/KVP as on present rate

[@ritheshmonteiro533]

@@vijayamarakala5863 what is KVP ?

[@TheLearningBox]

आपका सहृदय धन्यवाद, ये वीडियो बहुत ही ज्यादा लाभकारी है, आपके सुगम तरीके से बताया है की होम लोन लेने के बाद उसका भुगतान कैसे करना चाहिए। I'll really appreciate. Your verbal combinations are outstanding and pronunciation is perfect. Very very Useful video. thank you very much. Keep sharing your knowledge. Bless you.

[@akhileshjoshi6855]

Mind blowing Sir all concept is simplified, prepayment is the key.

[@amol291]

Presentation and explanation better than this is nearly impossible.

[@AssetYogi]

Thanks for appreciation Amol :)

[@amol291]

@@AssetYogi Welcome Mukul Sir. I would also like to add more to my appreciation. I usually search in youtube for finance and money. Yours is one of the best channel that I have ever encountered. You really take very productive efforts for explaining concept for viewers. Thank You for that

[@AbhishekKumarMishra_abhi101009]

Thanks, Mukul your case study and the way of explanation is too good. your guidance on youtube really helped me a lot since last 1 year.

[@vaibhavtiw1]

One of the finest Financial Guidance channel I always keep on watching your videos

[@RatanKumar-hx5xp]

Thank you Mukul ji for helping us improve our financial thinking..keep going 👌

[@AssetYogi]

Keep Supporting Ratan :)

[@amitparmar3665]

Really helpful started paying additional amount in EMI

[@AssetYogi]

Glad to hear that 😊

[@blush_aesthetics]

@@AssetYogi if we pay additional amount why bank charges us..??

[@banshilalmali6955]

@@blush_aesthetics Because if we pay some amount as prepayment , the principle amount in loan reduces and the bank may loss in interest in future payments

[@HukambeerT]

The best financial knowledge KZbin channel of india

[@AssetYogi]

Thanks 😊

[@bhartikandera3816]

@@AssetYogi Sir agar Hume khud ka ghar pai lone lena ho to uska kya interest hota hai please bataye

[@kaushik3995]

@@bhartikandera3816 1% jyada home loan se

[@bhartikandera3816]

@@kaushik3995 Ye kon sa banck hai jo 1% se loan deta hai

[@kaushik3995]

@@bhartikandera3816 Isko reverse mortgage loan kehte hai. Kisi bhi bank me iske bare me pooch sakte ho.

[@rincure]

Very nice video… I haven’t seen any thing so lucid as this video on this topic . Now I know what to do with my home loan.

[@AssetYogi]

Thank you so much.

[@vishalawasthi24]

ARE YOU GREAT SIR AND ALL VIDEOS VERY VERY HELPFUL

[@AssetYogi]

Keep watching

[@ajayraval5130]

For 50 lakh home tenure 30 year interest is 8207762rs and for 15 year interest is 3600868 rs .

[@VikasBhagwagar]

I saved 17L on 15L homeloan of 20 years by pre-paid all in 6 months.

[@Boyfromearth1]

Sir prepayment pe bank bhi koi cahrges leta hai kya?

[@vikash121sk]

@@Boyfromearth1 NO

[@Boyfromearth1]

@@vikash121sk ok thanks

[@AssetYogi]

Nahi

[@yechurisrinivas1863]

बहुत अच्छी जानकारी है। प्रस्तुति भी बहुत अच्छी है।

[@AssetYogi]

Dhanyawad 😊

[@SarvaTatva]

Kaha the bhai abtak tum. i have 1st time seen your video, its very benefitial and informatic

[@starshine6994]

1)Which date of month is best for investing in NPS to get best return? 2) Is family pensioner are eligible to open NPS.

[@rups1390]

1. There is no such best date of month for NPS just the way we have for PF (1st to 5th of month) 2. NPS subscribers eligibility is 18-60 hence pensioners can't invest in NPS. I recently opened NPS account after some research about eligibility criteria n benifits.Hope it helps :-)

[@PradeepKumar-db7pe]

In short, your EMI(all) should be utmost 35% of your salary). Pre-payment should be done if you have money. Try to be owner of your home asap(having 51% share) else Bank ll be owner.👌

[@vashdevvvassanani7303]

Z

[@vinaymaheshwari3074]

You should factor in tax break on interest. So cost of home loan will fall. Then compare this loan with other asset class and take a decision whether to prepay or invest somewhere else.

[@kedarsonkar3617]

Fabulous video sir Main aapka die hard fan ho gaya 🙏🙏🙏🙏🙏🙏🙏🙏🙏 ye thought process main jab sochta tha to ye hi lagta tha ke galat soch rha hu aisa nahi hota hai but aap ne jis tarah se bataya mujhe khud pe 200% believe hua ke maine bhi jo decision liya hai wo sahi hi liya hai

[@yashrajsinhdabhi9032]

Truly sir, you are making the best videos on financial education which doesn't exist in our Education system. It's truely a blessing for the students like me to have this financial tips. I have gone through many KZbin channels & trust me your are the best. Please keep on the great work Sir❤️👍🏻🙏🏼.

[@AssetYogi]

Thanks Yashraj Singh :)

[@parasfima1344]

Pre payment is very good concept to mitigate the risk .

[@rk_walke]

Is there any sheet that considers the floating interest rate

[@harshadparab2042]

Nice video srsly abhi toh sachme im going to pre pay my home lan

[@user-eg5bl6qw5w]

Thanks for the useful information. EMI calculation sheet is very useful to see the interest and principal component which provides the detail clarity.

[@mayankkanik3425]

your videos are always helpful, because of you I started investing in stocks. thanks a lot.

[@AssetYogi]

Keep learning Mayank

[@saurabhmehta765]

Such an amazing video , EMI calculator is just amazing as well !! Thank you so much for such clear explanation and useful resource !

[@AssetYogi]

You are most welcome

[@VikramSingh-ve6of]

Bhut kuch Mila is video me sikhne ko

[@abhiagarwal241]

Its a basic common sense. One who can't think of his own should see this video

[@mayankdwivedidi35]

Sir agar kisi startup ko koi kharid leta hai to uska finance ko kis type se distribution kia jata hai founder aur co founder ko agar koi badi company aquire karti hai tab please iske bare me ek video bana dijye🙏🙏

[@ganeshvishwakarma33]

EMI calculator ne bahut help kiya. thank you so much, i am clear with all doubts.

[@AssetYogi]

Glad to hear that 😊

[@drravindra_child_specialist]

very well explained. enriched my knowledge. bank was giving me opposite advice for bank interest benefit.

[@AssetYogi]

Great 👍

[@rajivarora9973]

Talk about job security factor also and depreciation of rupee over period of time. U r talking about constant factors only.।

[@ashwinsaundarmal7394]

I have been following most of your videos and I must say, Sir your knowledge of a given topic & ability to present it in simpler words are simply awesome. Thanks for educating people financially. :)

[@AssetYogi]

Thanks for appreciation, keep learning Ashwin 😊

[@beenamistry1593]

No

[@nadeemkazi7917]

What about prepayments charges and pre closure charges

[@SurajNishad-tl7qx]

Pre payment charges free under LIC HFL

[@rohanparsewar837]

They are as low as 1 or 2%

[@rajeshrasal1551]

Depending on ur loan interest rate .

[@shahebazsayed7526]

Really appreciate the calculator you have provided easy but use-full thank you ❤

[@platforma1801]

You have explained too good. I don't have any home lone but I will apply it to my car lone. Thanks 🙏🥰👍

[@savanpathar1921]

EEE ( Excellent Excellent Excellent) 👏👏👏

[@AssetYogi]

Thanks for appreciation 😊

[@rajeshvaghasiya9018]

Sir, Abhi interest rate .90 increase hua hai mere 25 installment to uski calculation sheet hai

[@ShahidHussain-eb4eb]

Bahut badhiya samjhaya aapane

[@annuraj6500]

Great explanation as always. Helped a lot in my idea of prepayment

[@AssetYogi]

Keep learning Annu

[@sam-xb8tn]

Thank you sir. This Video changed my plans to right direction. GBU.

[@AssetYogi]

Glad to hear that 😊

[@blueberet7936]

Bhai you are a very genuine person. God bless you

[@AssetYogi]

Thanks 😊

[@paragchandratre7199]

VERY GOOD INFORMATION FOR LOAN PRE PAMENT

[@KaranHansRajDhingra]

I very much appreciate your time to make this informative video with so easy calculator. Thanks!!

[@AssetYogi]

Keep learning Karan :)

[@dickey2807]

Please make a video on SBI MaxGain home loan account (with overdraft account). Kindly include a Maxgain emi calculator (excel) where I can input regular deposits and withdrawals like in an overdraft account. Also if the emi calculator can accommodate loan disbursed in parts for properties under construction, where the loan amount is disbursed in parts at different stages of construction but the emi starts from the first disbursement.

[@naveenjoshi09]

SBI Max Gain, HSBC SMART, and other overdraft loans are very helpful in bringing down Interest portion and helps in closing the Home Loan well before the planned date.

[@prasadvernekar4694]

Please make a video on SBI MAXGAIN HOME LOAN WITH OVERDRAFT ACCOUNT

[@30.abdulrehmanmoosa42]

Your emj calculator is fabulous Superb work Keep it up and thnx

[@sangeetagarodiya7477]

Thank you so much sir, I am also planning to buy an independent house. Will take care of this😁

[@AssetYogi]

Thanks Sangeeta 😊

[@ruchitchandan6232]

Home loan is the cheapest loan available in market and never to forget home is the only asset which you can buy with a loan. 7% to 8% is nothing in todays world where a index can always grow easily at average of 12% to 15% in India. Invest at compounding rate of 26% per year atleast and see the magic you get after 30 years. 10 lakhs of savings can be converted into 100 Crores with help of compounding. Pre-Payment of a home loan should only be done if you think that you can neven generate 8+% annually on your investment.

[@sagarrd2259]

Hi, very informative video. About the home loan, is it the same on pre payment of loans on flats?

[@VikasGupta-pi2tf]

In the first 3 mins you have given tons of reference to your old videos..

[@sangeetsaritamohanty995]

I will do my repayment soon...love your video

[@AssetYogi]

Good luck!!

[@VijaySingh-pv9yl]

Thank you so much sir, this video will be very helpful for me, I really appreciate your efforts.

[@AssetYogi]

Thanks 😊

[@bhatiakaran9336]

This is basic. Misinformation: immovable assets normally last long than the moveable assets. If you pay interest of land based property, your property value would increase too. A car needs to be replaced after every 10 years. There are other things need to be considered here. CA Priyanka

[@kashifkhan07]

Wow & i play my home loan in a month and saved all the interest

[@PREMKUMAR5056]

Super video sir . This video is very useful for me, because iam also bought a home loan. So I have idea how to manage my loan . Thanks to lots.

[@AssetYogi]

Glad to hear that Prem. Share this video to friends or relatives who currently have a home loan or are thinking of taking a home loan

[@nikhilkulkarni7181]

Very very nicely explained, in fact i bought my first home recently in July and i took your guidance through all related videos (thanks a ton), Now after watching this video i have a doubt, in one of the previous video you said that if tax adjusted return on any other instrument is more than the tax adjusted interest on home loan, then no point of doing a prepayment. And here you are suggesting to prepay and close the loan as early as possible (ownership perspective) What should be the priority amongst these two? Confused....plz help

[@AssetYogi]

Yes. If you can get better return else where, you can skip loan repayment. But many a times there are not many options to beat tax adjusted loan rates. That's when you should prepay your loans.

[@nikhilkulkarni7181]

@@AssetYogi thanks alot for reply first. Clear now, may be now that the home loan interest is at its bottom, the other instruments can be beneficial. Thank you sir, again. 😇👍

[@ajaybedi2053]

Sir, good if you can include impact of loan on tax savings. Sometimes people don't re- pay their loans as they are getting tax benefits. So a video will help

[@vaghelaspeaks]

I think mostly people have their 80C quota full with savings so principle does not matter. On interest you gonna save tax upto 2L/annum which is a maximum saving of 42K/Year. I don't see home loan as a good tax saving instrument

[@RajeshKumar-zd7ru]

I like the way you explain things with examples.

[@mithunkumarshah140]

Thanks Mukul !! Great and simple explanation !!

[@probensonterang.534]

Sir, at first thank you so much for such informative video. My question is simple, will the same thing for car loan also?

[@vaghelaspeaks]

It's a simple mathematics that applies to any product you buy from loan. Moreover, car is a liability and in case of you refrain to pay emi after couple of years, you merely get any money from auction

[@MrRahulmca]

Sir please create a video on loan on construction of house, how can we take etc.

[@herlzaf]

Hello mate... ur videos are well designed and knowledgeable. The EMI calculator shared is very very beneficial. But I am not able to check the HL changes if I am paying excess monthly. Changes will be visible only evey 12months Please could you check

[@theshravansingh3478]

This information and the calculator is very helpful. Thanks a lot.

[@AssetYogi]

You are welcome!

[@kapilranade1087]

Good Advice....how about take loan of longer tenure with small EMI and keep on paying principal amount every 2-3 months interval? It will have huge impact on overall interest paid on home loan.

[@navneetkumar-ur2he]

It will be more good if u take loan for shorter period and pay principal after every 2-3 months. This will have more huge impact.

[@kapilranade1087]

@@navneetkumar-ur2he ok but for short tenure your EMI will be more so there will be hardly any savings to pay principal amount on every 2-3 month interval...

[@navneetkumar-ur2he]

@@kapilranade1087 if u dont have money then dont pay extra. Pay only the enhanced emi. The more will be ur emi the less interest u pay and less tenure of loan. Why to wait and save for 3-4 months then pay if u have option to pay every month if u can afford.

[@ashutoshmadhwani2335]

This definitely helped me change my perspective..thank you 🙏

[@AssetYogi]

You're so welcome!

[@deepaksiwal7]

Very informative mukul ji, I just want to know that "do banks accept multiple part payments in home loan"?

[@latamadhav7765]

Thank u very much sir. I m also planning to take home loan. Prepaymentwala concept amazing.👍

[@emipeloanle398]

Emi pe loan le 8537836239?.!!

[@susheelg6626]

That was really a great video, full of knowledge tq u sir...

[@AssetYogi]

Thanks 😊

[@prasadwaghmare6308]

Sir Thank you so much , lots of love and best wishes from Pune

[@AssetYogi]

Thanks 😊

[@Omkarel-cp9vm]

Very good information. Thank you sir ji

[@sohanlalmoriya2835]

Thanks for sharing calculator Its really helpful to understand ❤

[@coachedbysahil]

Thank you so much lots of love.

[@AssetYogi]

Thanks Sahil

[@rocksbit]

Thank you so much sir. Your explanation is definitely got me thinking about my home loan🙏

[@alpeshpatel5870]

Concept batane me bahot wait karai so i left d video tnx..

[@mohammadashfaque9409]

Very educative videos . Big applause from my side.

[@sajal14agwl]

Thank you mukul ji for such a wonderful calculator, i wish aap hamari aise hi help krte rahen...

[@VijRaghavan]

Thank you sir, beautifully explained. 🙏

[@AssetYogi]

Keep learning Vijay

[@niteshvishwakarma5029]

Thank you sir emi calculator is very helpfull

[@AssetYogi]

Glad to hear that

[@thecrafthouse8180]

Thank you sir For giving valuable suggestion and make us financial educated in repaying home loan

[@ashwinraut8001]

Sir what is the current interest rate that bank charges on home loan in Mumbai city???

[@ayandutta8104]

Hey nice video, although investing the lumpsum amount in ETFs, IFs is the better option hands down. Even with 8% return you will left with 39 lacs at the end of 10 years, and if we take 12% which generally taken as an average return that value will be 48 lacs. But I get the POV of the video its more of to educate people about finance.

[@rameshchand5104]

Very nice video for repayment of loans in proper method by this we can save a lot of money thank you for teaching us for this very important subject.

[@AssetYogi]

It's my pleasure

[@abmaity8913]

Thank you sir for the valuable guidance. It will help me a lot in managing my House loan. The EMI calculator is the biggest savior. Keep up the good work. God bless you.

[@niteenparab1416]

what will be depreciation of Rs after 10 years?

[@shashankpawar6971]

Thanks for this topic.Someone like you is really necessary to guide in life.

[@AssetYogi]

Thanks Shashank :)

[@namanjain7357]

Very helpful video. But not able to access EMI calculator after downloading. I have asked for EDIT access. Can you please provide.

[@parmindersingh-vb9on]

thanks a lot for the emi calculator, i am planning for a home loan, and when i asked the bank official to tell me how much i would save in interest payment if i pre pay some amount every year, he was not able to tell me.

[@AssetYogi]

You are welcome Parminder.

[@MEVNAY]

So informational for me at least as I bought a new house with a loan. Will try to be a owner of my property soon by prepaying my loan. THANK YOU, SIR JI

[@ashisharora6800]

This would not be a good idea bro. let the Loan goes for years, and invest your money. For more details, read me main comments with explanation

[@akashgandhi3416]

Highly impressed by this calculator sir, kindly provide the same calculator for bank staff whose repayment calculation is based on Simple interest with pre payment field

[@shinshin6071]

How to edit my data into the calculator

[@neerajbalhara2650]

Bhai sab doubts clear ho gaye... Thank you❤

[@AssetYogi]

Hope you like this video :)

[@shivafoods007]

Great video... I am prepaying the outstanding loan amount... it will save 2-3 lacs of interest amount