ilmscore | How to repay home loan 2x faster?

How to repay home loan 2x faster?

Published: 2025-07-09
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
On a ₹25 lakh loan at 9.5% for 20 years, paying one extra EMI annually will result in the loan being repaid in 16 years and 5 months, saving ₹9.55 lakh in interest.
"Pay one extra EMI every year. The loan will be repaid in 16 years and 5 months. Interest saved ₹9.55 lakh."
Loan Repayment
Pending
On a ₹25 lakh loan at 9.5% for 20 years, increasing the EMI by 5% annually will lead to the loan being repaid in 12 years and 7 months, saving ₹14.81 lakh in interest.
"Just increase the EMI by 5%. ... in this way the loan will be closed in 12 years and 7 months. Interest saved ₹14.81 lakh."
Loan Repayment
Pending
On a ₹25 lakh loan at 9.5% for 20 years, increasing the EMI by 5% annually and paying an extra EMI annually will result in the loan being repaid in 9 years and 9 months, saving ₹20.72 lakh in interest.
"Increase EMI by 5% every year and also pay an extra EMI. Look, it will be over in 9 years and 9 months. Save ₹20.72 lakh in interest in less than 10 years."
Loan Repayment
Pending
A 20-year loan of ₹25 lakh at 9.5% interest will be repaid in 16 years and 5 months, saving ₹9.55 lakh in interest, if one extra EMI is paid annually.
"Pay one extra EMI every year. The loan will be repaid in 16 years and 5 months. Interest saved ₹9.55 lakh."
Loan Repayment
Pending
A 20-year loan of ₹25 lakh at 9.5% interest will be closed in 12 years and 7 months, saving ₹14.81 lakh in interest, if the EMI is increased by 5% annually.
"Just increase the EMI by 5%. ... in this way the loan will be closed in 12 years and 7 months. Interest saved ₹14.81 lakh."
Loan Repayment
Pending
A 20-year loan of ₹25 lakh at 9.5% interest will be repaid in 9 years and 9 months, saving ₹20.72 lakh in interest, by increasing the EMI by 5% annually and paying an extra EMI.
"Increase EMI by 5% every year and also pay an extra EMI. Look, it will be over in 9 years and 9 months. Save ₹20.72 lakh in interest in less than 10 years."
Loan Repayment
Pending