Hi All,
Can you please some one expert guide me regarding Loan and saving in other investement.
I have 12 Lac Loan from SBI for 20 Year so giving EMI 12000 something at 10% around.
Now I can save extra 20K per month and have some surplus amoun ( 1 Lac) so should I clear Home loan as soon as I can Or should I invest in other instrument like Gold, Stock or any other ? Please guide me to decide. My thinking is if get more than 10% pa in any saving then I should go for it other wise I shoud I pay my Homeloan as soon as possible.
Also I am not taking any home loan benefit since claiming HRA which is more compare to Home loan interest. Thanks