FAQ: Should I Repay my Home Loan First or Start Investing?
A lot of clients we deal with, are repaying a home loan and this is their most asked question - "Should I repay my home loan first and then start investing?" Nivesh Mitr's Recommendation Earn the Home Loan Interest Amount you will pay, by Investing in Mutual Funds What do we mean? Let us understand it with an example - Hence, in the above example, the wealth you generated of Rs.28,47,000/- on your SIP investment offsets the interest you're paying on the home loan. Note: If yo