NDTV·2 min read·easy

Going For A Home Loan? Here's How To Save Lakhs In Interest

AI Summary

This article provides practical advice for home loan borrowers on how to significantly reduce total interest payments over long-term tenures. It highlights the financial impact of interest accumulation, which can often surpass the original principal amount.

For a home loan running 20, 25 or even 30 years, the interest can run into several lakhs. It can even exceed the amount originally borrowed.

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