How to get home loan for free ? Get your loan interest free ! Find Out in This Must-Watch Video!
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- Опубликовано: 15 июл 2024
- In this video, we dive into the exciting world of interest-free loans and what they can do for your finances. Discover how you can save thousands of rupees on interest and get out of debt faster with these powerful financial tools. We'll cover everything you need to know about interest-free loans, including how to apply, the benefits, and the top reasons why they're a smart choice. Whether you're struggling with debt or simply looking to improve your financial situation, this video is a must-see. So sit back, grab a pen and paper, and get ready to learn all about interest-free loans!
Time Stamps
0:00 - Introduction
0:54 - About Loan & Bank Loan
8:50 - Solutions for Interest Free Loans
12:55 - How to Implement
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#interestfreeloan #debtfree #finance
The Stratergy of money management is the real Game
Person with good communication skill
Comments section gives u vast ideas....Any way thanku sir for this helpful video🙏
Thank you
For home - If you pay more money, as an example instead of paying 45000 RS, pay 1 lakh then more amount will go to principal (reducing rate)
Business Business Business... Thats it 😇😉
Informative 🙌
Very informative ❤
Very Useful video,Thanks Brother❤️
Thank u bro,
Thanks 4 the valuable information 😍
Hii Kenz, about to take home loan, planning to implement this method. Thanks a ton👍🏻
I am doing this though i did not calculated like this.
Good one
Super ❤️
Good information bro ❤
Another option is to pay atleast 0.1 or 0.2% of the same loan amount to the principle amount, hence to reduce principle and interest every month. Bcz whatever we pay additional will be going credited to principle amount; not to interest.
The home value after 20 yrs will be 2 or 3 times, so even if u pay interest it is profitable..
Bro no kyc ll small amountsl traid chyyth padikan vella App um indo ??
Is it a good idea to put that money in a ELSS fund?
Bro, njan sbi il 2500000 lack loan eaduthittund bankil thanne loaniney neutralize cheyan pattunna enthelum options undakumoo???
Index mutual fund investment video undo?
What is your opinion about cash down payment of 50l in this case? Or 50l FD @5% use that interest for SIP ..considering the return of 14%of the SIP at the end of the tenure ..profitable?
Is it possible to get two loan of 50L for a common man at a time? Also both loan EMI has to pay at a time also will be a burden as the FD interest can't be drawn monthly..
Why should we invest in Index Mutual funds?
💯💯💯💯💯💯
In this strategy we can only buy home after 20 years but from bank Loan we have the property with us and the price of the property is also appreciating.
Not that wat brother. This strategy helps you to payoff loans better with no interest.
വീഡിയോ ഒന്നുകൂടെ ശരിക്കും കാണൂ. അപ്പൊൾ ഈ ചോദ്യം ഉണ്ടാവില്ല.
Home loan edukumbo interest adakumbo tax savings etra verum athum kudi calculate chyth paryamo
Chetto Enik sip thodagaan oru sip muchal found paranju tharamo
I have a doubt about the SIP calculator that the final return we would get is an exaggerated figure or not..? Bcz such huge amount has not been drawn by anybody in my knowledge. It's seeing in the websites only. Can we get the compound return of final total units or final NAV * Total Unit only ?
If so, we will be missing the compound return benifits like FD and getting only the averaging unit benifit only, isn't ?
Yes
Is it mandatory to pay a down payment? Instead, can I increase my EMI amount by an additional 5-10% every year
Nifty Index sip engne monthly invest cheyya please athinte koodi oru video cheyyo allakkil paragh tharumo??
Will make a video on it. You still can check mutual fund series that I’ve already done
sir ith cheriya loan kalkum pattumo
കൊള്ളാം 👍🏼
Bro mutual fundsine Patti oru special video cheyyo begginnersin vendy? ? Ada nalla mutual funds okke ulla oru video,????plzz?
Already done, Check the playlist 👍
@@KenzMilliondots tnx for the reply bro, let me check
one clickil sip close cheyam ennullathu kondu nalla profit kanumbol oru car 🚗 vaghan agraham thonnniyal athu close cheyum ordinary peoples ethu ozhivakan enthelum vazhi undo ,I mean setting cheythidamo,proceess kurachu koodi padakan
njan 1 yrs 3000 vechu mutual fund invest cheyunundu and stock 25k de hold cheyundu
I want to start an SIP.where should I invest? Please help me.
Please check my mutual fund series 👍
10000 invest cheyyan Ore mutual fundil invest cheyyunnathano nallathu atho split cheythu 2-3 mutual fundil invest cheyyunathano nallathu
Inbetween the tenure, shall we pay some amount like (1lakh) to the principle in lumpsum, so that interest for the next following can come down?
Is it a goodone?
You can, if the bank or loan plan allows it to pay to principle without paying to intrest part 👍
Overall nyz but Kurachoode concise aakkanam bro
Kaathirunna video very helpfull ❣️❣️❣️. sir ithupole car loan pattiparayunnille e same method aano
Almost. But car loans usually is of low tenure, so there may be variations in sip amounts
You should have mentioned a comparison of ,10,000 was paid as monthly pre payments to the loan itself. Normally this is been chosen.
Ya ! I could have. Thanks for pointing out
So the emi would be 44500+10000??
Ooh🔥 nice❤️
Thankyou ❤️
What about income tax on this 75 lakhs
Bro, there is also another option.
First we should have 50,00,000,L in fund with us after that take a loan as u said and 9% interest rate. Invest 50,00,000 as SIP or Lumpsum and we will get 12-14%.
Correct me if am wrong🙏 and bro what's ur opinion in this.
This method is loan arbitrage. People do this as a source of income. Mostly hni people. 👍
@@KenzMilliondots I would like to follow this method. Could you please guide?..
@@kirans3326it’s risky
Invest lumsum in mutual fund and opt for SWP for monthly EMI, that will give better return
16:50 "monthly" 12%
Profit
Okke kittumo
Yearly alle?
Kittum 12.50% CFCICI
Sir how can invest this mutual fund,
I’ve done a series on Mutual fund, you can watch 👍
Thanks sir
eeh 50 lakh ill our 5-6 lakh lumpsum ayittu 20 year ill invest athill our 12% return kittiya around 50 lakh ayillea athallea onnum koodi nallathu
No Home 😭
Bro how do we get 75 lakh ...can you calculate it by yourself. I don't understand
Its compound interest. So the profits are reinvested over the period of 20 years.
Incometax etra deduct cheyyum 20yrs sip il kittunna profit il ninnu ?
10%
So the profit is about 75 lakh... What about the tax sir? How much do we need to pay for taxes...I heard that ppf more profitable than mutual fund due to this.correct me if I'm misjudged.. I'm a government employee, I do want to take housing loan... Nd your videos are truly helpful...👍
Tax will be 7.4 lakh, i.e, 10% of 74 lakh.. (75 lakh minus 1 lakh exemption)
Sir next week 25 lakhs loan kittum... Njan eethu reethiyil plan cheyyanam. 15 year aanu tenure. Plz help sir. Thank you🙏🏻😍
Edh bankil ninna loan??
Same way explained in the solution part of video.
Set apart 0.2% of loan amount for investments.
@@KenzMilliondots
Sir mutel funds il eethil invest cheyyanam?? Per month 6000 vechu invest cheyyan pattumo??
Bro, 20 yr അടക്കാൻ എടുക്കുന്ന duration 25 യർ ആക്കിയിട്ടു, EMI കുറിച്ചിട്ടു 0.02 % Index സിപ് ആക്കിയാൽ എന്താണ് യുവർ opinion ????
More the tenure, more interest has to be paid. But sip cheyunnundel that can be easily hedged
I can't hear coz of deaf. Please add subtitles.
Will add from upcoming videos👍
Ithippo 12% allallo 240% aayille? 20 yr kond 240% okke mutual fund vazhi kittuo? 🤔
kittulla 240 onnum ithu varea otta mf thannatilla sweet spot 12-15 anu
ആശയം ഇഷ്ടപ്പെട്ടു....പക്ഷേ ഈ പറഞ്ഞ 10,000 രൂപ മുതലിലേക്ക് ആണ് അടച്ചിരുന്നത് എങ്കിൽ എന്തു സംഭവിക്കും. എന്നു കൂടെ പറഞ്ഞു തരാമായിരുന്നു. അതു അറിയാൻ താല്പര്യം ഉണ്ട്. ആരെങ്കിലും പറഞ്ഞു തരാമോ. ഞാനും ഒരു housing ലോൺ എടുത്തിട്ടുണ്ട്.4 വർഷം ആയി. 🙏
You mean we should invest that particular amount from loan amount (45000)or we should make another source to invest..
We should consider 0.2% of loan amount apart from loan emi to investments
@@KenzMilliondots ok.
Vehicle Loan 5Year എങനെ പ്ലാൻ ചെയ്യാം 20ലക്ഷത്തിന്റെ
75lakhs sip investment profit.
58lakhs bank intrest
So 75-58= 17lakh is the profit. Already we paid those 58lakhs to bank, so how it will be 75lakh profit.
Loan edukathe monthly 60k sip IL invest cheythalo ha ha..
Financially better option. But veedu kittulallo ippo
Bro tax pay cheyyande
Yes veanm, long term 10% aanu thonanu for Mutual fund
Yes
Long term capital gain tax has to be paid. Its 10% flat for profits generated. Till 1 lack profits, there wont be capital gain tax.
താങ്കളെ എങ്ങനെ കോൺടാക്ട് ചെയ്യും
75 ലക്ഷം പ്രോഫിറ്റ് എന്നു പറഞ്ഞു എന്നാൽ ഒരു വലിയ എമൗണ്ട് തന്നെ ടാക്സി പോയല്ലേ...?
Flat 10% excluding 1 lack exception.
It would be somewhere around 7L still works fine 👍
തുടങ്ങൻ പറ്റിയ sip ഇതാ ആണ് നല്ലത്
Please watch my mutual fund series on RUclips, you’ll learn there 👍
എന്തുകൊണ്ടാണ് ഇൻഡസ് ഫണ്ട് മാത്രം സെലക്ട് ചെയ്യുന്നത് ❓
Index funds inu low risk and low volatility aayirikkum. So ingane oru situatationil home loan interest hedge cheyyan nokkumbo, risk kooduthal edukkathe irukkan vendi aanu.
if we have a 50k EMI is it better to pay 50k emi and invest 25 thousand or pay 55 EMI (5K extra) and invest 20k ?
Instead of starting a extra SIP against a loan why can't we pay that money into our loan account, nowadays most of the banks won't charge any prepayment fees. So our loan will be closed soon and the interest ämount will also get reduced huh? The amount which we are suppose to pay the emi+sip will therefore use to other investment plan for the period were loan was to be paid r8? My genuine doubt pls workout it that way
Yes, absolutely. I did a math and the result was surprising. If we pay extra 10K as prepay, loan will be closed in 11 years instead of 20 years, and on the 11th year if you start a SIP with the same EMI amount, you can earn 1.3Cr as return in next 10 years.
@@chrisucc manasilayilla can you explain it detail
I have educationa loan of 4lak aan tenure 5 years.
Could you help me to close it easily
See initially bank emi will be paying back our interest, not principal amount. 90% or above of emi is prepayed to loan intrest. So its not angreat idea to use extra money to pre pay. Or else youll have to close the loan
@@KenzMilliondots I agree that the condition u states about increasing emi amount. As of my knowledge (my knowledge is limited to sbi home loan) we can directly transfer that extra money to either digitally (via yono app) or via branch. The amount in which greater than EMI amount say 10k this month or 5k ,15k ..... Will credited to principal right?
I am not an expert just clarifying some doubts thank you for your reply
@@althafkkd Not to principle alone. The bank will compute a total amount payable which is principle + interest. The excess will go to total. If you do that at the initial time, major amount go to intrest part.
mutual fund cheyan patiya app ada nallad? ?
Groww, paytm money and a lot more. Do check my Mutual Fund series
@@KenzMilliondots I see the 4 series but u don't mention too much apps
@@KenzMilliondots which one is u using bro
Why you are misleading…if you don’t know what is diminishing method of interest calculation don’t speak about that.
Brother, Diminishing loans compute the loan based on the balnce principle amount. Said that your every emi will reduce the principle amount. But all initial emi s have major chunk of it going to interest, not principle. You can check any open sources. Both ways this video talks about making a chunk of fund parellel to loans, not about different type of loans.
Try to watch video and grab what it have for you. Be optimistic 👍
75 lakh in 30% ipozthey tax rate apo may be 50% kodukandi varum india yiley tax 😂😂
ഇതിനു പകരമായി 10,000 രൂപ വെച്ച് മുതലിലോട്ട് ഇട്ടാൽ പോരെ?
5 year loan ithu possible aano??
Since its a small tenure we’ll have to add more to the SIP part to get the benefits.
How much % I have to put ?
Hi you Instagram