ilmscore | Prediction Details
"If he prepays 20 lakhs so then he has five lakhs outstanding which is let's say 15 10 year. Yeah. He has to pay only 5,000. 10,000 right?"
By Finance With Sharan | March 27, 2025 | Pending
From video
60k Income, Managing FAMILY After Losing Father | Personal CFO Ep. 4 | Finance With Sharan 00:34:55 - 00:35:05
Interpreted Prediction
Prepaying 20 lakhs of the home loan could reduce the outstanding amount to 5 lakhs, potentially lowering the EMI to 5,000-10,000 rupees.
AI Evaluation Notes
To evaluate the accuracy, I would need to calculate the EMI based on the remaining loan amount (5 lakhs), the interest rate, and the loan term (10 years). Since the interest rate is not provided, I cannot accurately assess the prediction.

Prediction Details

Topic
Loan Repayment Strategy

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