HDFC home loan – Is it beneficial to utilize the spread and take the conversion?

POSTED BY rm_rups ON May 1, 2014 4:00 pm ONE COMMENT

Hello,

Below are my home loan statistics:

Current Applicable Spread on the above loan : -5.00

Current Applicable ROI : 11.75%

Balance Term : 6 Months

With the current statistics, is it beneficial to utilize the spread and take the conversion?

Thanks,

RM

One reply on this article “HDFC home loan – Is it beneficial to utilize the spread and take the conversion?”

  1. ashalanshu says:

    Dear RM, what’s the new ROI offered to you? What’s the loan amount to be paid? What’s the conversion fee? If it’s just for 6 months, what ‘ll be the saving to you post conversion?

    Thanks

    Ashal

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