Off topic!

I recently bought a house (In my hometown), I am not staying there. It is currently on rent. I am getting Rent as 50% of the total Home loan EMI of that house. And it is equivalent to the rent that I am paying at my current location in another city.

Question is: Should I do yearly loan prepayments from my annual bonus to reduce the EMI amount or should I keep the loan going as it is and invest yearly bonus in share market or gold.

Or

Any other approach to get good outcome?

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If you feel your job not satisfying and interested then my suggestion is prepayment it will reduce home loan interest, if you are good at your work and work for next 15 years at least then invest in gold or mutual funds(on your own risk) and use that amount to repay the loan after 10 years

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What is the loan tenure?

20 years

For your home loan, start SIP in index fund or multicap fund of 0.1% of your total home loan for the same tenure as your home loan

Pay your rent with the rent received

Better invest in another asset.
You get home loans at cheapest interest rates. I would suggest don't prepay your home loan instead invest that amount in mutual funds as it will guarantee you minimum of 12% annual returns in long term.

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