Save ₹18 Lakhs on Your Home Loan With This Simple Trick #yuvarani #tamilfinance #fd #earnmoney
Want to manage your money better and stay updated with the latest finance and government news? I’m Yuvarani, and my goal is to simplify finance, savings, and government updates with practical tips and easy-to-understand insights for everyone. 📸 Follow me on Instagram – https://www.instagram.com/yuvarani_of... 📘 Follow me on Facebook – / 1boui8x3rh For Brand Inquiries – [email protected] Let’s grow together and be part of a growing community! Save ₹18 Lakhs on Your Home Loan With This Simple Trick Want to save lakhs of rupees on your home loan? Most borrowers make a common mistake when they get a lump sum amount — they reduce their monthly EMI. But that actually gives you only small savings. In this video, I explain two simple repayment strategies using a practical example of a ₹50 lakh home loan at 8.5% interest for 30 years. If you pay ₹10 lakhs as part-payment and reduce your EMI, you might save around ₹4 lakhs. But if you keep the EMI the same and reduce the loan tenure, you can save up to ₹18 lakhs! This single decision can change your entire financial journey. Watch this short video to understand how prepayment works, how interest is calculated, and which method gives maximum benefit. If you're planning to take a home loan or already paying one, this tip can help you become debt-free faster. Subscribe to Yuvarani Channel for more Tamil finance tips, banking updates, loan tricks, savings ideas, and smart money habits that improve your financial life. #homeloan #homeloantips #loanprepayment #loanrepayment #housingloan #emicalculator #financeupdate #tamilfinance #indianfinance #moneytips #loanadvice #smartmoney #emireduction #bankingnews #personalfinance #savingtips #yuvarani #yuvaranichannel #interestrate #homebuyers ⚠️ DISCLAIMER This video is created for educational and general financial awareness purposes only. The examples, figures, and calculations shown are simplified to help viewers understand how home loan repayment works. This content should not be considered as professional financial advice or a recommendation. Loan terms, interest rates, and benefits may vary based on individual bank policies and personal eligibility. Viewers are advised to verify information with their bank or consult a qualified financial expert before making any financial decisions. The creator is not responsible for any decisions made based on this video.