3 min read.Updated: 25 Apr 2022, 11:21 AM ISTManoj Viswanathan
If you have opted for a fixed-rate loan, then there can be a charge for prepayment
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Prepaying a home loan is the best thing that a borrower can do. Most lenders will not tell you this because they don’t make money unless you pay them interest. The smartest way to save money is by closing your loans early, preferably through small and regular prepayments.