Home Loan Tips for Borrowers
By
siliconindia | Monday, May 21, 2012
3. EMI Components
In home loan tenure, the initial few years are crucial, as there in the initial period, the EMI covers a large sum of interest and a small portion of the principal amount. And don’t forget that it will not be easy to prepay a significant amount of the loan during the initial years of the loan tenure as you will have other financial commitments.