Home Loan EMI: Magic behind 1 extra EMI Per Year

A 30-year home loan can feel never-ending, but what if you could pay it off 6 years early and save ₹44+ lakhs—just by making one extra EMI payment per year? Let’s break it down.

Loan Details:

✅ Loan Amount: ₹1 Crore
✅ Tenure: 30 Years
✅ Interest Rate: 8% p.a.
✅ Regular EMI: ₹73,764

Regular EMI vs. One Extra EMI Per Year

Plan	Total Tenure	Total Interest Paid	Years Saved
Regular EMI	30 Years (360 Months)	₹1.64 Crore	0 Years
Extra EMI per Year	23 Years (277 Months)	₹1.19 Crore	6 Years

💡 What You Gain:
✔ Debt-free 6 years sooner
✔ ₹44.17 Lakhs saved in interest
✔ No increase in EMI—just one extra payment per year

How It Works?

Every extra EMI reduces the principal, lowering future interest. Over time, this compounds into massive savings and a shorter loan tenure—without major financial strain!

Final Thoughts 💭

If you want to own your home faster and save big on interest, this strategy is a game-changer. Start today and supercharge your home loan repayment!

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