We all have either bought our dream home or plan to buy one soon…for most it’s a high priority goal.

So, with every big life goal there’s always sacrifices to me made, more so here… Although home Loans are available at fairly lower interest rates, we end up paying quite a big amount as interest towards the loan we pay.  To understand this let’s take this example

Home loan amount – 1 Cr.

Tenure of loan – 15 years

Interest rate – 7 %

Total interest paid during the 15 years – above 61 L!!!

Quite an amount, isn’t it.   Knowing the pain point, lets now ponder upon do you still want to take the loan or how can I get away with paying interest …!! looks improbable right.

Logically speaking what if you offset the interest by making smart investments which yield returns equal to the Interest amount you pay for the loan.  To substantiate further – you start making monthly investments for the same period (15 years in this example) and that investment yields returns equal to your total interest paid.  Yes, very much possible… Now let’s get down to some number crunching…this is where the magic happens:)

I invite all home loan EMI payers (and future buyers as well) to try this tool.  The below link will lead you to a calculator which will throw out how much monthly investments (SIP) you need to start along with your home loan to almost offset your interest burden.  Here the link…


Am sure you also would feel what I felt when I was first exposed to this solution some years back…the beauty of a burden is the potential to think of a solution and implement it backed by real practical ideas and numbers.   HappyWise investing.

Author: Mr Nirmal M Jain | Mr Nirmal M Jain is a Co-Founder at HappyWise Financial Services. He has helped over 100 Families over the last 15 years of his services in the Financial Planning Sector. He has been a mentor to several people to help them better understand investments, stocks, mutual funds, financial planning, personal finance and above all his favourite term “The Power Of Compounding!”.

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