Is it advisable to shift a 89 L housing loan from hdfc (at 12% ROI, can be reduced to 11% by paying 50,000 conversion fee. Also 1.80 L foreclosure charges) to sbi max gain (at 11.25% plus benefits of OD facility)? The foreclosure charges are detering us from proceeding. Can someone help us understand the interest saving by using the OD facility in SBI.
thanks
Rashmi