India  
 
NewsR.in

Sitting on cash? Use it to prepay your home loan after RBI repo rate cut; here’s how you will benefit

IndiaTimes Tuesday, 10 June 2025 ()
Even though home loan rates are expected to come down, prepayment will save you more than what you earn from fixed income options. High-cost and long-term loans should be retired as early as possible.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

Big cheer! Home loan rates head below 8% - how much will 1% RBI repo rate cut reduce your EMI or tenure? Check calculations

 The Reserve Bank of India (RBI) has significantly reduced the repo rate by 50 basis points, bringing the total cut to 1% since February, a move set to lower home...
IndiaTimes

RBI MPC meet: Why repo rate was cut by larger-than-expected 50 basis points; RBI governor Sanjay Malhotra explains

 In a surprise move, the RBI slashed the repo rate by 50 basis points to 5.5%, exceeding expectations. This decision, driven by a lower projected inflation rate...
IndiaTimes

How much will your EMI decrease after RBI slashes interest rate? If you have home loan of Rs 50 lakh, you will save...

 If you have taken a home loan of Rs 50 lakh for 20 years, your EMI may come down by Rs 3,164. Calculate your savings after the RBI has slashed its interest rate...
DNA