Nice..mera home loan later stage mai chal raha hai ..mai bhi soch raha thaa ..prepay ka abb fayda nahi hoga ..aapne wahi baat kahi ..abb mujhe faisla lena asaan hua ..dhanyawad bhai
i m a regular follower of yours ,,,,i definitely watch your financial related videos full of genuine,unbiased information.....great job keep on doing...
Waisey sir Main 40 Lack Ka Home Loan Laney Wala Hu Is Liye Aap K Sare Video Dekh raha Hu Thank You Sir Ab Tak Aap Se Bhout Kuch Sikha hu Mujhey Bhi aap Jaisa Bnna hain
If you are taking Home Loan. Also start investing in Mutual Fund SIP for the same period of your Home Loan Tanuer. This way you will also earn money while paying your Homeloan EMI
Sir mene 20 lac ka home loan liya hai. But mujhe market me invest krne ki knowlede nhi hai to kaise karu ki muje mutual funds se profit ho.or me jadi se jaldi loan katam kar saku.
I have a home loan at 10.3% which i took in 2009 of 20lakhs. Now i want to buy another property for which i have to take a home loan of 30lakhs . I have spare 15 lakhs. Should i go for buying the property or prepay my existing loan?
Sir ur this video is very nicely balanced information video... Gives clear algorithm to solve the question. N My question if some have no much more money in his pocket..... But still want to earn money..... By rotating money of some one else..... And without doing much physical work can we generate money?
Hello Mukul Sir, Thanks for making this detailed informative video. Please do work on audio quality. I learnt a lot. I love your content. God bless you.
I am having 1000 pm sip in following funds ASBL Small and Midcap -G Reliance Small cap -G SBI Magnum multicap - G L&T Midcap - G Mirae assets emerging bluechip fund Regular -G Lic midcap fund regular -G 2000 pm My age is 22 yrs and i want to hold them for 25 to 30 years. Are they good funds or should i change them. Its been 6 months m investing in these funds.
Hello Asset Yogi!! My only question is should i try hard to pay back home loan ASAP in the "initial State" or rather i should invest it in some investments with the rate of 12%. I really hope that you would respond to my query. Very important for me.
Hi Mukul, Can you please make video on SBI max gain in detail? How to park money to OD Account? I don't think there is any useful information on that on RUclips. And offcourse no one explain in clear and detail way like you. Thanks. Your faithful subscriber
Hi sir accha video banaya apne Apse meri ek request hai jaise home loan ka xl mai calculation ke sath samjhaya vaise hi ek video guaranteed income pe nikalo aur market par
Very good video sir. Sir, agar home loan 12.25% se liya hai 21.5 years ke liye aur wo initial stage me hai to kya hum personal loan (15% interest wala) 2 lakh ka 3 saal ke liye lekar home loan prepay kare, 3 saal baad phir se 2 lakh ka personal loan lekar home loan prepay kare to fayda hoga kya? suggest me. Sir aap calculation kariye aur is subject par detail me aap video bana sakte hai.
Nicely explained. Can you please make a video on Pre-payment or part payment of lump sum amount of Personal Loans and if there are any preclosure charges levied by the banks? Thank you.
Very Impressive, Clear and Convincing way of Explaination....I could not resist to immediately subscribe your Channel😊 I have one question if u can answer plz...I am willing to prepay my home loan in next 7 / 8 days for approx. 12L. I hav taken loan of 45L for 20yrs and EMI started since May 2018. I don't have any other loans pending or urgent priority. So do u advise if I should prepay 12L (as it is very early stage of tenure now) or should I think of other investment options? Thanks a lot!!!
Hi Mukul..could you please release a concise excel calculator which can compare the following - at what time one save more - by preparing or by availing tax deduction at interest.. Thanks
Hi Sir, Nice video.. Mera Home loan amount 11 lack 2015 me liya tha. 5 years complete huye hai still my home loan amount outstanding 10,11,000 pending hai. 10.25 interest rate se chal Raha hai sir... Foreclosure krna benifit hoga ya balance transfer 7 percent se.... Foreclosure me outstanding amount me kuch Kam hogi ya same rahegi. Foreclosure me discount milta hai ya nahi sir. Loan GIC home finance company se hai. Pls give some suggestions... Thank you 😊
Gm sir , it's very important information u shared with us. Ty so much. Mujhe queries hai ki hamara home loan chal raha hai , aur kuch loan nahi hai. Hum log prepayment karana chah rahe hai, to humako tax benefits bhi milata hai ,to is case me hum tenure kam kar lena hi sahi rahega ya emi kam kar ke lena sahi rahega???? Plz reply
Hello Sir, Apki is video me 4:08 to 4:18 tak apne interest pe tax benefit me loss k baare me btaya hai. Main samajh nahin pa raha hun ki pre payment ke case mein, section 24 me tax benefit me loss kaise hoga..
Sir loan 2016 me agar liya hai 2080000 ka abhi 2019 me outstanding 1700000 tak hai aur pass surplus amt 1100000 ka hai and koi air loan nahi chalu hai plus koi car loan ya jaisa bada expenditure near future me nahi aa raha to kya prepay karna chahiye ya invest karna chahiye ..agar prepay karna hai to kitna kare us surplus se and invest kitna aur kis instrument me kare..plz suggest
Mukul bhai, Please upload a video for how to purchase Villa Property, it is because Villa property is not coming under RERA therefore queries are more.
All under construction properties including flats, villas and plots come under RERA. I have already made videos for both under-construction property and ready to move property buying process. Please watch them. Process is exactly same for villa or flat.
Hello Sir, Thank you for the great information! I have a question can I prepay my personal load or If I prepay my personal loan it can effect my credit score?
Sir, Please made a video on ICICI Money Saver Home Loan Product. I have made an excel sheet for help but it needs some assistance. Waiting for reply. Thanks & Regards.
Thanks for the information. Your next video should be cover below topics. 1) How many % your HL emi should be 2) How many % to invest 3) Give examples considering salary slabs 0-5L' 5-10 etc 4) Calculate the tax for current year I mean updated tax slabs 5) How to invest in MF
How do I know the latter period say for example my tenure was 20 years so as per your suggestion we shouldn’t prepay in latter stage . So from which year do we say it is later period.
HBL :term 27 year, loan amount 25lakh Should I repay all the loan amount after 10years from My PPF amount (which would be 15yrs completed). Or Should I continue my PPF account. Thank You sir.
Now my loan principal is 66L, and interest rate is 8.9%. i got 1L from family members, so querry is should I go for prepayment or increase EMI and hold money in acc for next emi
When we have home loan with overdraft facility like sbi MAX GAIN, then complete analysis will be different.. ? Park until you don't have any use and then use whenever you want...correct ?
I have taken home loan of rs 30 lakhs in APR 2019 @ 10% and monthly EMI is 32250 for 15 years , Now I Have 4 Lakh rs buffer in my account So can I pay part payment of home loan or I should take SIP or SWP of 4 Lakh, which option is better
I feel there is one mistake here.. The total payout within a year would be 10 lacs down payment + 3.2 lacs interest for 1 year.. so the return % will be 32% rather then 43%... Guide me if i am wrong here
Sir ham Agreculture plot par home loan le rhe hai 6 lakh ka...14% rate..is it worthy?... Hmara construction abhi adhura hai isliye Lena pad rha hai... Or 2-3 sal tak close karwane ka mood hai.... Plz suggest kya kare??.... Reply as soon as possible. Plz guide what should we do?
Please make a video on after got the Dhan Mantri Awas Yojana benefit how and how much pre payment of home loan. Any issue with repay home loan it is possible or not if possible how early pay after got Param Mantri Awas Yojana benefit
Sir mera 8 lakh kaa home loan hai jo maine SBI bank mese liya hai 5 saal pehla ab mera 3lakh 50 thousand kaa EMIs baki hai ab mere pass surplus money hai 3.50 lakh to muje loan prepay karna hai par bank vale bol rahe hai tumhe extra 22000 bharna hoga home loan insurance kaa or home loan insurance maine liya nahi hai bank wale bol rahe hai ki home loan insurance aapko 4000 kaa diya gaya hai or uska 18000 interest hai total 22000 bharna padega
The choice of lowering the EMI and keeping more money in hand may sound tempting. But it is best to reduce the tenure of the loan, provided you can afford it.
Dear sir My home loan is on my name but property is on my mother name so i cannot get the tax benefit so what should i do??can you suggest better option.
Sign-up to our new app for discounts and early access:
✔ assetyogi.com/sign-up/
Be debt free is always the best option. My priority is always to prepay
Aapke jaisa koi nahi samjhata aur Thank you to be RUclips its really so helpful for us.
Nice..mera home loan later stage mai chal raha hai ..mai bhi soch raha thaa ..prepay ka abb fayda nahi hoga ..aapne wahi baat kahi ..abb mujhe faisla lena asaan hua ..dhanyawad bhai
Nicely explained.....Best thing about your video is you come directly to the point without wasting time.
It’s always beneficial to payoff mortgage it gives financial independence
Sir please tell us the best way to preclose home meas should we less our tenure or lower our per month emi's? Which one is the best in both of these?
i m a regular follower of yours ,,,,i definitely watch your financial related videos full of genuine,unbiased information.....great job keep on doing...
Thanx।।।। Main bhi home loan prepay karna chah chah raha tha।।। Lekin mujhe car loan bhi Lena hai
Isliye main pehle car lunga।।।।
Thanx a lot।।।।
What a video...mind blowing ....i was searching for answer for last 3 years...thanks for video
I hope this will be helpful Vinod :)
Loved your Video Sirji.
Tax component explanation was undoubtedly unlocking the mind block.
I have home loan and also add on ( home loan)
The latest loan I can prepay , bankers are not interested to provide genuine information
try approaching another bank for takeover of the loan, your bank will automatically start giving u attention
Really you have sound knowledge of finance and way of teaching is really good.
Waisey sir Main 40 Lack Ka Home Loan Laney Wala Hu Is Liye Aap K Sare Video Dekh raha Hu Thank You Sir Ab Tak Aap Se Bhout Kuch Sikha hu Mujhey Bhi aap Jaisa Bnna hain
Thank you Mukim for the support. You can definitely become whatever you wish for.
Contct at 9971894691 for loan
If you are taking Home Loan. Also start investing in Mutual Fund SIP for the same period of your Home Loan Tanuer. This way you will also earn money while paying your Homeloan EMI
Sir mene 20 lac ka home loan liya hai. But mujhe market me invest krne ki knowlede nhi hai to kaise karu ki muje mutual funds se profit ho.or me jadi se jaldi loan katam kar saku.
सर very nice informetion
क्या होम लोन का इंटरेस्ट Mutual fund का SIP लेके 15 या 20 साल बाद return मिल सकता है
Bahut hi behtareen video banayi aapne sir. 🙏
Keep supporting Yogendra :)
I have a home loan at 10.3% which i took in 2009 of 20lakhs.
Now i want to buy another property for which i have to take a home loan of 30lakhs . I have spare 15 lakhs. Should i go for buying the property or prepay my existing loan?
Sir ur this video is very nicely balanced information video... Gives clear algorithm to solve the question.
N
My question if some have no much more money in his pocket..... But still want to earn money..... By rotating money of some one else..... And without doing much physical work can we generate money?
During buying a home which are the documents we must obtain / observe from any seller?? What care should be taken regarding documents??
many points cleared by viewing this video, thanks a lot
Good to hear that
Good advice sir
Happy teacher's day.
Same to you
Thanks for sharing this video. It answered all my questions and doubts. Thank you!
Hello Mukul Sir,
Thanks for making this detailed informative video. Please do work on audio quality. I learnt a lot. I love your content. God bless you.
Thank you for appreciation. Bhanu. You can watch our latest video. We have updated the tools & instruments.
I am having 1000 pm sip in following funds
ASBL Small and Midcap -G
Reliance Small cap -G
SBI Magnum multicap - G
L&T Midcap - G
Mirae assets emerging bluechip fund Regular -G
Lic midcap fund regular -G 2000 pm
My age is 22 yrs and i want to hold them for 25 to 30 years. Are they good funds or should i change them. Its been 6 months m investing in these funds.
Because of ur videos people are getting awareness of investment, which were lacking from past.
Thanks a lot.
What can be initial stage in terms of years and later stage for prepayment of home loan?
I had SBI maxgain home loan 15 lakh since 2013. Should I prepay 5 lakh in 2020 as I don't have any other loan.
Hello Asset Yogi!!
My only question is should i try hard to pay back home loan ASAP in the "initial State" or rather i should invest it in some investments with the rate of 12%.
I really hope that you would respond to my query. Very important for me.
Hello Asset Yogi!!
Please answer my question which would make me at ease..
What you decided in this situation?
Should we sold share to repay loan or not. Or we have to invest share in the long term and pay emi from salary. Please suggest
That depends on various aspects. If you can generate more returns that what you are paying as interest then invest otherwise prepay the loan.
Please make a video on whether we should take a Educational Loan or Not ? And some tips and tricks to repay it ! Thank you.
You may watch this video Kartik
ruclips.net/video/QjoQLGcjhCE/видео.html
Hi Mukul, Can you please make video on SBI max gain in detail? How to park money to OD Account? I don't think there is any useful information on that on RUclips. And offcourse no one explain in clear and detail way like you. Thanks. Your faithful subscriber
Will try to cover in a future video
Thankyou very much sir. This was what I was always wondering. This will help people like me to plan our funds well.
Hi sir accha video banaya apne
Apse meri ek request hai jaise home loan ka xl mai calculation ke sath samjhaya vaise hi ek video guaranteed income pe nikalo aur market par
Suppose...I am having some amount of money .then what will be the correct time for pre-payment. ?
You are really great.
It's now a whole week I was watching only yours video🙏
Love you sir
Very good video sir.
Sir, agar home loan 12.25% se liya hai 21.5 years ke liye aur wo initial stage me hai to kya hum personal loan (15% interest wala) 2 lakh ka 3 saal ke liye lekar home loan prepay kare, 3 saal baad phir se 2 lakh ka personal loan lekar home loan prepay kare to fayda hoga kya? suggest me.
Sir aap calculation kariye aur is subject par detail me aap video bana sakte hai.
Thanks for the video.
Can we do pre payment before receiving PMAY amount?
If i do then is there any impact on PMAY amount ?
Please suggest. TIA
Nicely explained. Can you please make a video on Pre-payment or part payment of lump sum amount of Personal Loans and if there are any preclosure charges levied by the banks?
Thank you.
Same aise hi Education Loan ka bhi explain kr dijiye....r usne tax rebate jo govt se milta h use bhi samjha dijiye
Very Impressive, Clear and Convincing way of Explaination....I could not resist to immediately subscribe your Channel😊 I have one question if u can answer plz...I am willing to prepay my home loan in next 7 / 8 days for approx. 12L. I hav taken loan of 45L for 20yrs and EMI started since May 2018. I don't have any other loans pending or urgent priority. So do u advise if I should prepay 12L (as it is very early stage of tenure now) or should I think of other investment options? Thanks a lot!!!
You can prepay now as high interest is charged and later don't repay
बहुत अच्छी वीडियो।
Sir, Reducing Emi vs Fixed Emi पर वीडियो बना दीजिये? और ये होता क्या है?
🙏धन्यवाद
Hi Mukul..could you please release a concise excel calculator which can compare the following - at what time one save more - by preparing or by availing tax deduction at interest.. Thanks
Nice vedio sir...lekin please ye bataye ki loan agar long tenure ke liye bacha hai to prepayment karna chahiye na...nahi to loan mehanga pad jayega
Thank you so much bro you are doing a awesome job.your vedios are really helpful and informative.
How much amount we can prepay initially please explain with example ❤
Your explanations is very clear.
Thanks 😊
Hi Sir, Nice video.. Mera Home loan amount 11 lack 2015 me liya tha. 5 years complete huye hai still my home loan amount outstanding 10,11,000 pending hai. 10.25 interest rate se chal Raha hai sir... Foreclosure krna benifit hoga ya balance transfer 7 percent se.... Foreclosure me outstanding amount me kuch Kam hogi ya same rahegi. Foreclosure me discount milta hai ya nahi sir. Loan GIC home finance company se hai. Pls give some suggestions...
Thank you 😊
Gm sir , it's very important information u shared with us. Ty so much.
Mujhe queries hai ki hamara home loan chal raha hai , aur kuch loan nahi hai.
Hum log prepayment karana chah rahe hai, to humako tax benefits bhi milata hai ,to is case me hum tenure kam kar lena hi sahi rahega ya emi kam kar ke lena sahi rahega???? Plz reply
Thanks, Pratima.
I can't suggest this without calculating everything.
But Pre-payment is a good choice if you have the funds.
Excellent ❤❤❤
practical example❤❤❤nice explanation ❤❤❤
Thanks Yogi bhai very informative video
Thanks Guddu.
Super information thankyou sir
Most welcome Goutham
Sir, initial stage me prepay karna hai to loan lene kitne saal tak prepay karna chahiye?
Hi Does paying additional cost along with monthly emi have more benefit than paying lumpsum every year into the loan account?
Which property is good as an investment ready to move or under-construction?? Thanks in advance
Invested Sbi Gold etf. Is it ok or quit at this time
Very good subject and video.
initial stages vs later stages ky raheta hai? iske bare me jankari chahiye please
Sir, Please make a video on normal home loan & home loan with overdraft like SBI max gain.
mene 6 lakh loan liya h or me 10,000rs EMI h ab prepayment kar k jyada jyada emi bharna chahta hu to koi smart tips k kis tarah se bharu
I am a big fan of your videos. I like your approaches.
Thanks Anirban :)
Hello Sir,
Apki is video me 4:08 to 4:18 tak apne interest pe tax benefit me loss k baare me btaya hai. Main samajh nahin pa raha hun ki pre payment ke case mein, section 24 me tax benefit me loss kaise hoga..
You can't get the benefit in case of pre-payment and closed the loan
Sir please Mai Parsnol loan Liya hai aur account se Katha hai loan ko Pura bharna hai tho online kase bare uska video banayen
Sir mortgage property per jo intrest lagta hai vo up down hota rehta hai, to iske kya niyam hai, kya ye risky hai? Please tell me.
Sir loan 2016 me agar liya hai 2080000 ka abhi 2019 me outstanding 1700000 tak hai aur pass surplus amt 1100000 ka hai and koi air loan nahi chalu hai plus koi car loan ya jaisa bada expenditure near future me nahi aa raha to kya prepay karna chahiye ya invest karna chahiye ..agar prepay karna hai to kitna kare us surplus se and invest kitna aur kis instrument me kare..plz suggest
Mukul bhai, Please upload a video for how to purchase Villa Property, it is because Villa property is not coming under RERA therefore queries are more.
All under construction properties including flats, villas and plots come under RERA. I have already made videos for both under-construction property and ready to move property buying process. Please watch them. Process is exactly same for villa or flat.
How does present value of money play out when we prepay compared to future EMIs?
Good question sister.
Interest amount goes on decresing and the number of Emi s goes on decresing.
Does builder refund amount to bank in case of wrong/excess payment by bank to builder than mentioned in demand letter?
I need info about home loan insurance & property insurance for resale flat. What benefits if we process loan in same bank.
Hello Sir,
Thank you for the great information!
I have a question can I prepay my personal load or If I prepay my personal loan it can effect my credit score?
You can definitely Pre-Pay your loan. It will not have any bad impact. But in a way it is good that you are not defaulting on your loan.
@Asset Yogi Thank you sir
Sir, Please made a video on ICICI Money Saver Home Loan Product. I have made an excel sheet for help but it needs some assistance.
Waiting for reply.
Thanks & Regards.
Noted
Thanks for the information. Your next video should be cover below topics.
1) How many % your HL emi should be
2) How many % to invest
3) Give examples considering salary slabs 0-5L' 5-10 etc
4) Calculate the tax for current year I mean updated tax slabs
5) How to invest in MF
Watch this video: ruclips.net/video/C49nSjzg1iw/видео.html
Very informative video which can be used to take a call
Later stage matlab konse ...240 years ka mere loan hai to initial or later stage kaise define karenge.
240 mahine re chuttad
tenure he months 20 year ka loan he
240 months
150 years tk k period initial stage hoga jaha interest jyada rhega....
How do I know the latter period say for example my tenure was 20 years so as per your suggestion we shouldn’t prepay in latter stage . So from which year do we say it is later period.
After 9-10 years
HBL :term 27 year, loan amount 25lakh
Should I repay all the loan amount after 10years from My PPF amount (which would be 15yrs completed).
Or Should I continue my PPF account.
Thank You sir.
very good video for common man, I think all the points are covered.
Now my loan principal is 66L, and interest rate is 8.9%. i got 1L from family members, so querry is should I go for prepayment or increase EMI and hold money in acc for next emi
I have taken home loan for 20 years if I want to close that loan in 5 years how much amount will I have to pay, how is that calculated
Excellent practical example ❤❤
I have 3 year home loan lock system so please suggest home loan prepay krna he ya ni
Sir, please add insurance cost of man & house cost and its interest of loan property also.
Hence, it is not most cheap loan.
Thank for this video, I HV hdfc home loan ,how many times can pre payment done against this loan, bcoz I want to prepay 1 lac per year, plz suggest
Excellent video, can you please guide about what to do when we have multiple home loans?Should we pre pay?
Should we limit loss due to interest to Rs. 2 lakhs, means Principal outstanding to limit around Rs.20 Lakh.
Please make vedio on car Pre payment loan
When we have home loan with overdraft facility like sbi MAX GAIN, then complete analysis will be different.. ?
Park until you don't have any use and then use whenever you want...correct ?
I also have maxgain account. Do you prepay it?
How about part payment? Do recommend part payment for home loans ?
I have taken home loan of rs 30 lakhs in APR 2019 @ 10% and monthly EMI is 32250 for 15 years , Now I Have 4 Lakh rs buffer in my account So can I pay part payment of home loan or I should take SIP or SWP of 4 Lakh, which option is better
Nice information.
Pl suggest me ( for prelaunch offer)
Pre EMI or full EMI
Please suggest me for home loan fix and variable EMI better
Watch this video: ruclips.net/video/w0eOnSVsKP8/видео.html
I feel there is one mistake here.. The total payout within a year would be 10 lacs down payment + 3.2 lacs interest for 1 year.. so the return % will be 32% rather then 43%... Guide me if i am wrong here
Sir ham Agreculture plot par home loan le rhe hai 6 lakh ka...14% rate..is it worthy?... Hmara construction abhi adhura hai isliye Lena pad rha hai... Or 2-3 sal tak close karwane ka mood hai.... Plz suggest kya kare??.... Reply as soon as possible.
Plz guide what should we do?
Please make a video on after got the Dhan Mantri Awas Yojana benefit how and how much pre payment of home loan. Any issue with repay home loan it is possible or not if possible how early pay after got Param Mantri Awas Yojana benefit
home loan lene ke baad kon kon se document milte h property se related plz sir explain 🙏🙏
Sir mera 8 lakh kaa home loan hai jo maine SBI bank mese liya hai 5 saal pehla ab mera 3lakh 50 thousand kaa EMIs baki hai ab mere pass surplus money hai 3.50 lakh to muje loan prepay karna hai par bank vale bol rahe hai tumhe extra 22000 bharna hoga home loan insurance kaa or home loan insurance maine liya nahi hai bank wale bol rahe hai ki home loan insurance aapko 4000 kaa diya gaya hai or uska 18000 interest hai total 22000 bharna padega
Prepay by family Members?
(son & Daughter)
If i want pre pay so how should be the re payment schedule be re scheduled? I mean increase the emi amount or decrease the tenure? Plz guids tia
The choice of lowering the EMI and keeping more money in hand may sound tempting. But it is best to reduce the tenure of the loan, provided you can afford it.
Sir home loan tenure jyada Lena chahiye ya Kam , uske benefits and losses bataye please thanks you
Why we are not considering the TAX we have to pay on the Interest we earn, if we invest prepay amount in other Investments like MF, FD etc
Dear sir
My home loan is on my name but property is on my mother name so i cannot get the tax benefit so what should i do??can you suggest better option.