Should you invest your money otherwise utilize it in order to prepay house financing?
When you have a great financial, and accidentally possess simply obtained a yearly extra otherwise one almost every other lump sum, should you decide utilize it to help you prepay the loan? Otherwise, if you invest it to get to know various other goals? Gauge the adopting the requirements to make it to ideal decision.
Gaurav Mashruwala, Sebi-inserted investment agent, categorically says: “You need to pay the house financing on earliest. Several sad happenings- job loss, death of the new generating user, serious illness, etc-can result in trouble in ten-15 seasons loan period.
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