POSTED BY January 7, 2014 10:15 pm COMMENTS (7)ON
AM IN 30 % TAX BRACKET
1. I HAVE 5 LAKH FD WITH 10 % INTEREST WITH BANK THAT WILL MATURE AFTER 3 YRS.
2. I’VE HOME LOAN OF 16 LAC PRINCIPLE AMOUNT REMAINING TODAY TO BE PAID OVER 170 mths .
now i want to prepay home loan , should i break FD or use money from my salary to make prepayment . as i need another home loan after 1 yr of around 20 lac