ilmscore | Prediction Details
"So you pay off everything your home loan is gone. I think he can't he will definitely have to keep emergency fund of five lakhs. Five lakhs he will have. So 20 lakhs let him say he prepays the home loan. Yes. So 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 00:34:44 - 00:35:05
Interpreted Prediction
One option is to prepay 20 lakhs of the home loan, leaving 5 lakhs outstanding, potentially reducing the EMI to 5,000-10,000 rupees.
AI Evaluation Notes
To evaluate the accuracy, I need the actual EMI after prepaying 20 lakhs and having 5 lakhs outstanding on the home loan. Without this information, I cannot determine if the predicted EMI range of 5,000-10,000 rupees is accurate.

Prediction Details

Topic
Loan Repayment Strategy

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.