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@dreamcatcher94913 жыл бұрын
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.
@AssetYogi3 жыл бұрын
Keep learning
@vishalvikram98113 жыл бұрын
Home Loan में Interest पे भारी बचत कैसे करें?
@herlzaf3 жыл бұрын
Great information.... Thanks for the EMI calculator
@parameshgoud93303 жыл бұрын
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@vkdanewa1173 жыл бұрын
⁰
@shouryaslife36063 жыл бұрын
Thank you so much you saves my money. After watching your video I did Prepayment most of the amount. Thanks for million dollars advise.
@PraveenKUpadhyay3 жыл бұрын
Ye to pata h mujhe , I already did prepayment 2 times and saved 6 years and 6lakh.😎😎😎
@mradulbhardwaj31474 жыл бұрын
Bro, I have _never_ seen more *knowledgeable* person than *you* !!
@AssetYogi4 жыл бұрын
Thanks for appreciation 😊
@kksaurab4 жыл бұрын
Do Google and calculations you can do it yourself. He is not Gyani.
@mradulbhardwaj31474 жыл бұрын
@@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 ?
@kksaurab4 жыл бұрын
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. 👍🏻
@iftikharhasan60614 жыл бұрын
Mradul Bhardwaj kya baat hain sir 👍
@ND-uy2ok4 жыл бұрын
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.
@rohitjadhav88792 жыл бұрын
D
@mukeshkumar-og8cn Жыл бұрын
I agree to this... Floating rate EMI calculator will help us in planning our prepayment
@medramtanwar3970 Жыл бұрын
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 Жыл бұрын
Thanks Tanwar
@sriram7612 Жыл бұрын
The EMI calculator is really helpful. Thanks. Wish I had this calculator 20 years back....
@vmoney28524 жыл бұрын
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.
@AssetYogi4 жыл бұрын
Thankyou soo much for your support keep learning :)
@zion.24104 жыл бұрын
Just paid off my second home loan in just 4 years.. what a relief!!!
@shrikantrakshe84994 жыл бұрын
Can you help me how did you manage two loans n closed one in four years. I am in same situation
@vijayamarakala58634 жыл бұрын
I think it is wrong decision, if u invested in PPF(installment) or KVP(one lumsum) your home loan interest will be completely free.
@ritheshmonteiro5334 жыл бұрын
@@vijayamarakala5863 how is that ?
@vijayamarakala58634 жыл бұрын
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
@ritheshmonteiro5334 жыл бұрын
@@vijayamarakala5863 what is KVP ?
@TheLearningBox Жыл бұрын
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.
@akhileshjoshi68553 жыл бұрын
Mind blowing Sir all concept is simplified, prepayment is the key.
@amol2914 жыл бұрын
Presentation and explanation better than this is nearly impossible.
@AssetYogi4 жыл бұрын
Thanks for appreciation Amol :)
@amol2914 жыл бұрын
@@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_abhi1010094 жыл бұрын
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.
@vaibhavtiw13 жыл бұрын
One of the finest Financial Guidance channel I always keep on watching your videos
@RatanKumar-hx5xp3 жыл бұрын
Thank you Mukul ji for helping us improve our financial thinking..keep going 👌
@AssetYogi3 жыл бұрын
Keep Supporting Ratan :)
@amitparmar36654 жыл бұрын
Really helpful started paying additional amount in EMI
@AssetYogi4 жыл бұрын
Glad to hear that 😊
@blush_aesthetics4 жыл бұрын
@@AssetYogi if we pay additional amount why bank charges us..??
@banshilalmali69553 жыл бұрын
@@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
@HukambeerT4 жыл бұрын
The best financial knowledge KZbin channel of india
@AssetYogi4 жыл бұрын
Thanks 😊
@bhartikandera38163 жыл бұрын
@@AssetYogi Sir agar Hume khud ka ghar pai lone lena ho to uska kya interest hota hai please bataye
@kaushik39953 жыл бұрын
@@bhartikandera3816 1% jyada home loan se
@bhartikandera38163 жыл бұрын
@@kaushik3995 Ye kon sa banck hai jo 1% se loan deta hai
@kaushik39953 жыл бұрын
@@bhartikandera3816 Isko reverse mortgage loan kehte hai. Kisi bhi bank me iske bare me pooch sakte ho.
@rincure2 жыл бұрын
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.
@AssetYogi2 жыл бұрын
Thank you so much.
@vishalawasthi242 жыл бұрын
ARE YOU GREAT SIR AND ALL VIDEOS VERY VERY HELPFUL
@AssetYogi2 жыл бұрын
Keep watching
@ajayraval51304 жыл бұрын
For 50 lakh home tenure 30 year interest is 8207762rs and for 15 year interest is 3600868 rs .
@VikasBhagwagar4 жыл бұрын
I saved 17L on 15L homeloan of 20 years by pre-paid all in 6 months.
@Boyfromearth14 жыл бұрын
Sir prepayment pe bank bhi koi cahrges leta hai kya?
@vikash121sk4 жыл бұрын
@@Boyfromearth1 NO
@Boyfromearth14 жыл бұрын
@@vikash121sk ok thanks
@AssetYogi4 жыл бұрын
Nahi
@yechurisrinivas18633 жыл бұрын
बहुत अच्छी जानकारी है। प्रस्तुति भी बहुत अच्छी है।
@AssetYogi3 жыл бұрын
Dhanyawad 😊
@SarvaTatva3 жыл бұрын
Kaha the bhai abtak tum. i have 1st time seen your video, its very benefitial and informatic
@starshine69944 жыл бұрын
1)Which date of month is best for investing in NPS to get best return? 2) Is family pensioner are eligible to open NPS.
@rups13903 жыл бұрын
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-db7pe4 жыл бұрын
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.👌
@vashdevvvassanani73033 жыл бұрын
Z
@vinaymaheshwari30743 жыл бұрын
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 Жыл бұрын
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
@yashrajsinhdabhi90324 жыл бұрын
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❤️👍🏻🙏🏼.
@AssetYogi4 жыл бұрын
Thanks Yashraj Singh :)
@parasfima13444 жыл бұрын
Pre payment is very good concept to mitigate the risk .
@rk_walke3 жыл бұрын
Is there any sheet that considers the floating interest rate
@harshadparab20423 жыл бұрын
Nice video srsly abhi toh sachme im going to pre pay my home lan
@user-eg5bl6qw5w4 жыл бұрын
Thanks for the useful information. EMI calculation sheet is very useful to see the interest and principal component which provides the detail clarity.
@mayankkanik34254 жыл бұрын
your videos are always helpful, because of you I started investing in stocks. thanks a lot.
@AssetYogi4 жыл бұрын
Keep learning Mayank
@saurabhmehta7652 жыл бұрын
Such an amazing video , EMI calculator is just amazing as well !! Thank you so much for such clear explanation and useful resource !
@AssetYogi2 жыл бұрын
You are most welcome
@VikramSingh-ve6of3 жыл бұрын
Bhut kuch Mila is video me sikhne ko
@abhiagarwal2414 жыл бұрын
Its a basic common sense. One who can't think of his own should see this video
@mayankdwivedidi354 жыл бұрын
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🙏🙏
@ganeshvishwakarma333 жыл бұрын
EMI calculator ne bahut help kiya. thank you so much, i am clear with all doubts.
@AssetYogi3 жыл бұрын
Glad to hear that 😊
@drravindra_child_specialist3 жыл бұрын
very well explained. enriched my knowledge. bank was giving me opposite advice for bank interest benefit.
@AssetYogi3 жыл бұрын
Great 👍
@rajivarora99733 жыл бұрын
Talk about job security factor also and depreciation of rupee over period of time. U r talking about constant factors only.।
@ashwinsaundarmal73944 жыл бұрын
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. :)
@AssetYogi4 жыл бұрын
Thanks for appreciation, keep learning Ashwin 😊
@beenamistry1593 Жыл бұрын
No
@nadeemkazi79173 жыл бұрын
What about prepayments charges and pre closure charges
@SurajNishad-tl7qx3 жыл бұрын
Pre payment charges free under LIC HFL
@rohanparsewar8373 жыл бұрын
They are as low as 1 or 2%
@rajeshrasal15513 жыл бұрын
Depending on ur loan interest rate .
@shahebazsayed7526 Жыл бұрын
Really appreciate the calculator you have provided easy but use-full thank you ❤
@platforma18014 жыл бұрын
You have explained too good. I don't have any home lone but I will apply it to my car lone. Thanks 🙏🥰👍
@savanpathar19214 жыл бұрын
EEE ( Excellent Excellent Excellent) 👏👏👏
@AssetYogi4 жыл бұрын
Thanks for appreciation 😊
@rajeshvaghasiya90182 жыл бұрын
Sir, Abhi interest rate .90 increase hua hai mere 25 installment to uski calculation sheet hai
@ShahidHussain-eb4eb3 жыл бұрын
Bahut badhiya samjhaya aapane
@annuraj65003 жыл бұрын
Great explanation as always. Helped a lot in my idea of prepayment
@AssetYogi3 жыл бұрын
Keep learning Annu
@sam-xb8tn4 жыл бұрын
Thank you sir. This Video changed my plans to right direction. GBU.
@AssetYogi4 жыл бұрын
Glad to hear that 😊
@blueberet79363 жыл бұрын
Bhai you are a very genuine person. God bless you
@AssetYogi3 жыл бұрын
Thanks 😊
@paragchandratre71992 жыл бұрын
VERY GOOD INFORMATION FOR LOAN PRE PAMENT
@KaranHansRajDhingra4 жыл бұрын
I very much appreciate your time to make this informative video with so easy calculator. Thanks!!
@AssetYogi4 жыл бұрын
Keep learning Karan :)
@dickey28074 жыл бұрын
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.
@naveenjoshi093 жыл бұрын
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.
@prasadvernekar46943 жыл бұрын
Please make a video on SBI MAXGAIN HOME LOAN WITH OVERDRAFT ACCOUNT
@30.abdulrehmanmoosa423 жыл бұрын
Your emj calculator is fabulous Superb work Keep it up and thnx
@sangeetagarodiya74773 жыл бұрын
Thank you so much sir, I am also planning to buy an independent house. Will take care of this😁
@AssetYogi3 жыл бұрын
Thanks Sangeeta 😊
@ruchitchandan62324 жыл бұрын
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.
@sagarrd22593 жыл бұрын
Hi, very informative video. About the home loan, is it the same on pre payment of loans on flats?
@VikasGupta-pi2tf2 жыл бұрын
In the first 3 mins you have given tons of reference to your old videos..
@sangeetsaritamohanty9952 жыл бұрын
I will do my repayment soon...love your video
@AssetYogi2 жыл бұрын
Good luck!!
@VijaySingh-pv9yl3 жыл бұрын
Thank you so much sir, this video will be very helpful for me, I really appreciate your efforts.
@AssetYogi3 жыл бұрын
Thanks 😊
@bhatiakaran93364 жыл бұрын
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
@kashifkhan073 жыл бұрын
Wow & i play my home loan in a month and saved all the interest
@PREMKUMAR50563 жыл бұрын
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.
@AssetYogi3 жыл бұрын
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
@nikhilkulkarni71814 жыл бұрын
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
@AssetYogi4 жыл бұрын
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.
@nikhilkulkarni71814 жыл бұрын
@@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. 😇👍
@ajaybedi20534 жыл бұрын
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
@vaghelaspeaks3 жыл бұрын
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-zd7ru3 жыл бұрын
I like the way you explain things with examples.
@mithunkumarshah1403 жыл бұрын
Thanks Mukul !! Great and simple explanation !!
@probensonterang.5343 жыл бұрын
Sir, at first thank you so much for such informative video. My question is simple, will the same thing for car loan also?
@vaghelaspeaks3 жыл бұрын
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
@MrRahulmca4 жыл бұрын
Sir please create a video on loan on construction of house, how can we take etc.
@herlzaf11 ай бұрын
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
@theshravansingh34783 жыл бұрын
This information and the calculator is very helpful. Thanks a lot.
@AssetYogi3 жыл бұрын
You are welcome!
@kapilranade10873 жыл бұрын
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-ur2he3 жыл бұрын
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.
@kapilranade10873 жыл бұрын
@@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-ur2he3 жыл бұрын
@@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.
@ashutoshmadhwani23353 жыл бұрын
This definitely helped me change my perspective..thank you 🙏
@AssetYogi3 жыл бұрын
You're so welcome!
@deepaksiwal72 жыл бұрын
Very informative mukul ji, I just want to know that "do banks accept multiple part payments in home loan"?
@latamadhav77653 жыл бұрын
Thank u very much sir. I m also planning to take home loan. Prepaymentwala concept amazing.👍
@emipeloanle3983 жыл бұрын
Emi pe loan le 8537836239?.!!
@susheelg66264 жыл бұрын
That was really a great video, full of knowledge tq u sir...
@AssetYogi4 жыл бұрын
Thanks 😊
@prasadwaghmare63083 жыл бұрын
Sir Thank you so much , lots of love and best wishes from Pune
@AssetYogi3 жыл бұрын
Thanks 😊
@Omkarel-cp9vmАй бұрын
Very good information. Thank you sir ji
@sohanlalmoriya2835 Жыл бұрын
Thanks for sharing calculator Its really helpful to understand ❤
@coachedbysahil4 жыл бұрын
Thank you so much lots of love.
@AssetYogi4 жыл бұрын
Thanks Sahil
@rocksbit4 жыл бұрын
Thank you so much sir. Your explanation is definitely got me thinking about my home loan🙏
@alpeshpatel5870 Жыл бұрын
Concept batane me bahot wait karai so i left d video tnx..
@mohammadashfaque94093 жыл бұрын
Very educative videos . Big applause from my side.
@sajal14agwl3 жыл бұрын
Thank you mukul ji for such a wonderful calculator, i wish aap hamari aise hi help krte rahen...
@VijRaghavan4 жыл бұрын
Thank you sir, beautifully explained. 🙏
@AssetYogi4 жыл бұрын
Keep learning Vijay
@niteshvishwakarma5029 Жыл бұрын
Thank you sir emi calculator is very helpfull
@AssetYogi Жыл бұрын
Glad to hear that
@thecrafthouse81803 жыл бұрын
Thank you sir For giving valuable suggestion and make us financial educated in repaying home loan
@ashwinraut80014 жыл бұрын
Sir what is the current interest rate that bank charges on home loan in Mumbai city???
@ayandutta81042 жыл бұрын
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.
@rameshchand51043 жыл бұрын
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.
@AssetYogi3 жыл бұрын
It's my pleasure
@abmaity8913 Жыл бұрын
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.
@niteenparab14163 жыл бұрын
what will be depreciation of Rs after 10 years?
@shashankpawar69714 жыл бұрын
Thanks for this topic.Someone like you is really necessary to guide in life.
@AssetYogi4 жыл бұрын
Thanks Shashank :)
@namanjain73573 жыл бұрын
Very helpful video. But not able to access EMI calculator after downloading. I have asked for EDIT access. Can you please provide.
@parmindersingh-vb9on2 жыл бұрын
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.
@AssetYogi2 жыл бұрын
You are welcome Parminder.
@MEVNAY4 жыл бұрын
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
@ashisharora68004 жыл бұрын
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
@akashgandhi34164 жыл бұрын
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
@shinshin60712 жыл бұрын
How to edit my data into the calculator
@neerajbalhara26502 жыл бұрын
Bhai sab doubts clear ho gaye... Thank you❤
@AssetYogi2 жыл бұрын
Hope you like this video :)
@shivafoods0073 жыл бұрын
Great video... I am prepaying the outstanding loan amount... it will save 2-3 lacs of interest amount