Mirror Now
@mirrornow·2.2M subscribers·145K videos
What is the good time to close home loan?- Property Hotline
Posted
September 23, 2016
Views
1,140
Likes
4
Engagement
0.35%
September 23, 2016
1,140
4
0.35%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
1:53Now PlayingExpert: Kartik Jhaveri, Founder & Director of Transcend Consulting India Pvt Ltd?.
Question: I have been repaying my home loan for the last 2 years. I want to know when would be a good time to close this home loan. I'm planning to repay it in the next 5-6 years. Should I wait for a longer time to avail the tax benefits?
Answer: As such there is no good or right time to close a home loan. It depends on your cash flow and surplus position. As long as you are comfortable in servicing the EMIs, you can continue it and avail the tax benefits. In case you have any surplus funds, invest it (in wealth creating assets like equity mutual funds) and use profits to prepay your home loan.
Be Un Confused
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
