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 balance to 5 lakhs, potentially lowering the EMI to 5,000-10,000 rupees.
AI Evaluation Notes
To evaluate the accuracy, I would need to know the initial loan amount, interest rate, and original EMI to calculate the new EMI after prepaying 20 lakhs and having a 5 lakh outstanding balance. Without these details, I cannot verify the prediction.

Prediction Details

Topic
Home Loan Prepayment Impact

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.