SANJAY TALWAR

[Stable Investor @StableInvestor]

When you take a 25-year home loan, and pay the monthly EMIs regularly, a very small percentage of your loan principal gets repaid during the initial years.

In 1 year - 1.3% Loan is Paid
In 2 years - 2.7% Loan is Paid
In 3 years - 4.3% Loan is Paid
In 4 years - 5.9% Loan is Paid
In 5 years - 7.7% Loan is Paid
In 6 years - 9.7% Loan is Paid
In 7 years - 11.8% Loan is Paid
In 8 years - 14.1% Loan is Paid
In 9 years - 16.6% Loan is Paid
In 10 years - 19.2% Loan is Paid

Here is how it goes for a Rs 50 lakh home loan at (say) 8% for 25-year tenure:

And the reason is that a bulk of the EMI payments during the initial years go towards interest payments. So due to this front-loading of interest payment, if you want to make a part prepayment of your home loan, then it’s comparatively better to do so during the initial years.

Don’t make the mistake of thinking that if it’s a 25-year loan, then you would have paid back half your loan in 12-13 years. The actual amount you have repaid would be about 25% only.

[SANJAY TALWAR @casanjaytalwar]

@nehanagarr Never

[SANJAY TALWAR @casanjaytalwar]

@RailMinIndia Travelling from Katra to Delhi on Vande bharat train no. 22440, PNR . 2262362939 seat no. 34. Cold food is being served... too much irritating... frustrating too much

[SANJAY TALWAR @casanjaytalwar]

@KaplanSchweser B

[SANJAY TALWAR @casanjaytalwar]

@KaplanSchweser B

[SANJAY TALWAR @casanjaytalwar]

@KaplanSchweser C

[NDTV News feed @ndtvfeed]

Finance Minister Asks Indian Banks To Assess Risks Amid Global Crisis https://t.co/JfTvWNk4Xo

[Ministry of Finance @FinMinIndia]

Union Finance Minister Smt. @nsitharaman chaired a meeting to review the preparedness of Public Sector Banks #PSBs in wake of the stress in banking systems in the US and Europe

Read more ➡️ https://t.co/iBVzbAUNwx
(1/5)

[SANJAY TALWAR @casanjaytalwar]

@KaplanSchweser C

[SANJAY TALWAR @casanjaytalwar]

@CAChirag Just fill the correction form in old pan with any minor changes. And save 1000 with no duplicate pan. SIMPLE

[Learner Vivek Bajaj @vivbajaj]

New form of online fraud !!
Kya kya karte hai ye log.

Alert !!!!

[SANJAY TALWAR @casanjaytalwar]

@KaplanSchweser C

[SANJAY TALWAR @casanjaytalwar]

@vankudrevakil Sir plz dm me

[Krish ™ @krishstocks]

When I am saying this from last 1 year, I got trolled many times

Mutual funds sahi hai kya ?, Question yourself look the things what they are really doing with your money

they are simply burning our cash, the way they investing i don’t like, that’s why I do invest in ETF's only

[SANJAY TALWAR @casanjaytalwar]

@KaplanSchweser C

[SANJAY TALWAR @casanjaytalwar]

@KaplanSchweser A

[SANJAY TALWAR @casanjaytalwar]

@MashraniVivek Nifty in next 5 years

[SANJAY TALWAR @casanjaytalwar]

@Paramj2022 @krishstocks @justnottamomma @Mostly_Momentum @BaapofOption @ProfitPunch Kiska ? Subscriber ka ya organiser ka

[SANJAY TALWAR @casanjaytalwar]

@KaplanSchweser C

[SANJAY TALWAR @casanjaytalwar]

@KaplanSchweser C is 40% not B