ilmscore | Prediction Details
"If you have a 10% step up and you pay one additional EMI every year. Your 25-year loan will be repaid in just 10 years. You will save 60% on your interest that you will pay to the bank."
By warikoo | April 5, 2025 | Correct
From video
How To Pay Off Your Loans FAST? | Leave the EMI TRAP Forever! | Ankur Warikoo Hindi 00:15:03 - 00:15:18
Interpreted Prediction
Increasing EMI by 10% annually and paying one extra EMI per year can repay a 25-year home loan in 10 years, saving 60% on interest.
AI Evaluation Notes
Based on multiple online calculators and sources, increasing EMI by 10% annually and paying one extra EMI per year can significantly reduce the loan tenure and interest paid, often aligning with the prediction of repaying a 25-year loan in approximately 10 years and saving around 60% on interest [cite: i, j, k].

Prediction Details

Topic
Home Loan Repayment Strategy

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