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Once you understand this, you need to remember that homeloan is one of the cheapest loans. At a time when markets were returning in double digits, performing at all time high, you choose to prepay the homeloan rather than invest in the equity market through mutual funds or stocks. So that way...

@pawello There is a common misconception that bank charges more interest initially that is not the case actually. Initial days since your principal is high, the interest component will be high... 30 lakhs loan, at 8.95%, the interest would be around 2.685 lakhs. Your emi is around 25k, that is 3...