Why it is better to prepay part of your home loan EMIs regularly
SummaryRising interest rates extend the tenure of home loans, so experts say it is wiser to opt for higher EMIs.
Owning a house has been the ultimate dream of most middle class Indians. But rising property prices have kept that out of bounds for many in recent years. For the lucky few who have started off with a home loan, spiralling interest rates have turned out to be a dampener.