POSTED BY January 30, 2014 9:23 am COMMENTS (11)ON
I took a home loan of 14L(emi 14792 for 17Y) in 2011 and still the outstanding balance is 13L 30K. I now have the needed money to repay the complete loan amount. is it wise to repay the loan or should i be investing the saved money in another property(30L worth property with again 16L loan).
i earn 13L PA( 85 K net). after all my expenses my current savings are 50K.