Home Loan EMI vs SIP Investment: Which is Better for Rs 60 Lakh Over 25 Years?

When a borrower repays a home loan, they pay higher interest than the principal amount because such loans are of high amounts and have long durations. But if they go for a higher EMI, the interest amount can be reduced considerably. The other option to recover the interest paid is to have a mutual fund SIP investment.

Updated on: October 29, 2024, 04.15 PM IST
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