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Old 10-04-10   #1
hiroshan is offline hiroshan
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Default Prepayment is advisable?

I have just taken a home loan from HDFC for next 20 ears.
But thinking of getting rid of it by doing prepayments every year.

Is it advisable to do so?
Is it good in intial days to do more re-payments or should hold the money due to rupee-value depreciation over time.

If anybody has calculations over past experience; please share.
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Roshan Rasane
Pune
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