The risks of teaser home loan rates are well known.
However if I plan to pre-pay the loan within the teaser-loan-duration, isn’t teaser loan a win-win situation? Or does SBI disallow prepayment in the teaser duration?
The risks of teaser home loan rates are well known.
However if I plan to pre-pay the loan within the teaser-loan-duration, isn’t teaser loan a win-win situation? Or does SBI disallow prepayment in the teaser duration?