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Taking a ₹1 crore home loan? You could pay another ₹1 crore in interest: Here's how to cut your interest burden

livemint.com 19 h

India

Taking a ₹1 crore home loan? You could pay another ₹1 crore in interest: Here's how to cut your interest burden — Sources: livemint.com

To reduce interest on loans, consider early principal reduction for guaranteed returns. Shortening loan tenure can lower overall interest even with higher EMIs. Focus on total repayment rather than just EMIs to better manage loan costs.

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