Current Loan Details
₹50.00L
8.5%
20.0 Yrs
Extra Funds (Surplus)
₹10.0K
12.0%
Conclusion
By investing the surplus total of ₹15.50L, you could create a portfolio value of ₹98.93L. This wealth creation outpaces the ₹21.79L you would save by prepaying your loan.
Financial Winner
Invest Instead
Investing the surplus will create more wealth than the interest you'd save.
Option 1: Prepay
Interest Saved₹21,78,721
Tenure Reduced By85 Months (7.1 Yrs)
Option 2: Invest
Portfolio Value Created₹98,92,554
Total Invested₹15,50,000