Quote:
Originally Posted by NetfreakBombay  He mentioned about a home loan.. it makes more sense to pre-pay that then car loan since home loan will usually be for a longer term and higher value loan (so, IMHO savings from interest will be higher if interest component is higher then 1.5 L per year)
I am in the same boat  (Running home and car loan EMIs at the same time) |
Yes, you are right. If I pre-pay one lalk rupees home loan, i will save more money.