Want to repay your home loan without a huge prepayment? This wealth advisor shares a strategy that can cut the tenure by 7 years
- Posted on May 5, 2025
- By Business News Today
- 1 Views
Want to repay your home loan without a huge prepayment? This wealth advisor shares a strategy that can cut the tenure by 7 years
Anmol Gupta suggests Indian homeowners invest a portion of their EMI in equity mutual funds to shorten their home loan tenure, potentially reducing it by 7 years. He also cautions against using the 4% retirement rule in India, as it may underestimate retirement savings needs due to higher inflation and lower returns.
