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 | Incorrect
From video
60k Income, Managing FAMILY After Losing Father | Personal CFO Ep. 4 | Finance With Sharan 00:34:55 - 00:35:05
Interpreted Prediction
A 20 lakh prepayment on the home loan could reduce the outstanding balance to 5 lakhs, potentially lowering the EMI to 5,000-10,000 rupees.
AI Evaluation Notes
The prediction estimates an EMI of 5,000-10,000 rupees after a 20 lakh prepayment reducing the outstanding balance to 5 lakhs. The accuracy depends on the interest rate and tenure, which were not specified, but based on typical home loan rates, the EMI would likely be higher than 10,000 rupees.

Prediction Details

Topic
Home Loan Prepayment Impact

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