| Author | Message | ||
Emc2 Legend Username: Emc2 Post Number: 56821 Registered: 03-2008 Posted From: 71.126.165.28 Rating: N/A |
if you have money start paying principle also, i would recommend option 2, in that way you will gain some savings...if you can invest the same savings somewhere else and gain more than go for option 1. remember you need to pay off the loan if not now tomorrow.. | ||
Mandharam Side Hero Username: Mandharam Post Number: 4453 Registered: 02-2008 Posted From: 192.163.20.231 Rating: |
Choose (1) It works better if the completion is delayed If the house is almost ready, then it doesn't matter which option you choose Option for SBI, they gave over-draft options where you can park surplus amount and take it out on need basis | ||
Hadoop Side Hero Username: Hadoop Post Number: 9015 Registered: 12-2014 Posted From: 99.104.124.142 Rating: N/A |
my bank asking me to choose one option below. which one is better option ? pros and cons? 1. Pre-emi (only interest)on the disbursed amount for Rs.2636863 is Rs.12137 2. EMI amount (inclusive of principle) on the disbursed amount of Rs.2636863 is Rs.32553/- |
