KPMG India What are the smart ways to close home loan early ?
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HELP!
Deloitte USI : Consultant: 16.5 fixed+ 10% variable+ 4 L JB
EY India : Senior Consultant: 20 fixed+ 20% variable, no JB
YOE: 3.5 (2.5 before MBA, 1 after)
Please help me decide where to join, and why?
Detailed inputs would be much appreciated.
Also, is it a good idea to show counter offer to Deloitte USI and negotiate?
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Pay additional money apart from EMI as much as you can to reduce the tenure. It could be monthly yearly or daily. That is the only way to close it early.
My monthly emi stood at 31k. I purposely chose to pay 60k. I will close my home loan in 10 yrs. (3 yrs to go). I am doing it just for the heck of being debt free before I turn 40. No financial angle to it. Given home loan interest is low, financial gurus will ask you to SIP.