In , you earned You are a long-term investor and want to compare against 5-year rolling returns. The argument for investing is not very convincing. There is no overwhelming evidence subjective that investment instead of prepayment would have been a better choice. I am sure there are investors who would have made it work for them. However, for normal investors like you and me, I think we need more favourable numbers.
However, please appreciate the impact of various assumptions. The different returns threshold for the 2 decades. The assumption that post-tax cost of loan is same as pre-tax cost of loan. If your effective cost of loan for the repaid amount is lower due to tax-benefits, then you can consider the analysis accordingly. Why only Nifty? Or a hybrid or a balanced advantage fund? Or why not a mix of moderately or negatively correlated assets equity, gold etc?
Picking up an actively managed fund for this analysis is complicated since that brings in another level of decision making. Sorry, child information is required. I am saving for Select one 1 child 2 children 3 children more than 3 children.
I want to learn more about college savings. I'm ready to open a plan. Password Show. Forgot your password? LOG IN. Enter your email address to begin the reset password process.
Enter your e-mail address to begin the reset password process. Loan Prepayment Calculator This loan prepayment calculator shows you how much you can save and how much sooner you can pay off your loan by making extra payments. Loan details. Current Loan Balance. Loan Fees. Submit OTP.
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The government has given the nod to construction and allied industries to continue work with social distancing and other precautions. Hence many borrowers may not be well placed in closing home loan accounts. For home loan accounts closure bank would apply home loan prepayment calculator and close home loan account after deducting applicable charges. For home loan borrowers who want to reduce loan burden, banks may apply lump sum payment on the date on prepayment calculator and return fresh EMI or tenure conditions.
It is best to return to bank business loan amounts for businesses now classified under unessential categories. Companies should make back end endeavors to return items bought with loan money, get back the money, and pay back to the bank. Businesses under essential categories may not be in a position to call back loans. Hence several businesses may apply for loan moratorium if affected adversely by the lockdown.
Banks may permit premature closure of loan account or prepayment of loans to borrowers who do not want to keep the loan.
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