Buy my new book 'MAKE EPIC MONEY' here: amzn.to/3HEShCR My Money Apps: bit.ly/3Zg56eR My bestselling books: ‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone ‘Do Epic Shit’: ankurwarikoo.com/doepicshit My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 Useful links: 20 books for your 20s: bit.ly/WarikooBooks 20 online courses for your 20s: bit.ly/WarikooOnlineCourses Gadgets that I use: bit.ly/WarikooGadgets The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.
I remember I pre-closed my “first car” loan which I took from SBI. I prepaid by any amount (whatever was possible). I didn’t do any such calculations, my simple funda was: if I cannot grow my assets by 8.5%, I will not let my liability to grow in that same rate. 😊 Young professionals are lucky as they have these videos to understand finances.
When I need to refer any point from your video, I can just browse and in just a second I can get what I need, don't have to wait on an ad when I'm actually in a rush. At times when ads pop-up while browsing important financial stuff, it is so annoying. Thank you for not monetizing youtube. You are amazing.
The key takeaways are: a.) When "compounding" takes on with "compounding" it is only "break-even" that is left as a result. b.) The additional EMI or increased EMI amount that we pay to the bank in the initial months is "valuable" money vs. "invaluable" or "devalued" money that we keep paying till the term ends (due to inflation). So, it's a matter of choice what route you wish to go. If you think you could have invested that extra (valuable) money that you've saved (by not paying to the bank in the initail months) & could have earned more "compounded" profit out of it (compared to what you would have paid to the bank), then yeah that's your call. Otherwise, it is always a better idea to pay that money to the bank instead to close your loan early. Nevertheless, excellent content as always! Thanks for dedicating time to record this and share with the audience!
Can you also explain any preferred tactic on how to deal with Banks when the interest rates increase due to changes in repo rate. While I continue to add an additional monthly amount, my tenure keeps increasing increasing. My monthly EMI remains fixed.
@@anuragnigam Although, Im not very sure about it. This may vary bank to bank. But you can ask your bank to fix your interest rate by paying a fixed amount of money. Your interest then turns from floating to fixed. Additionally, the rates are expected to fall in the 3rd quarter this year, anyway. Due to various economic factors. No financial advice, though.
@@anuragnigamif your bank is private like indiabulls, shri ram finace plzz transfer that to any govt. bank . my father was also scammed by indiabulls bcoz they kept on incresing loan tenure every year.. but after transfering to pnb housing loan tenure is same from 2 years..
The concept of 10% increase in EMI is a very smart option but we have to understand bank has made certain EMI beyond which you cant increase EMI. So please consider that in your calculation aheet
I wish I could know such things 5Y ago when I took car loan.. I was able to repay much of it early but at its last leg.. Past is past, I will use this knowledge for quick repayment of my home loan that I'll be starting soon. Thanks Warikoo ji.
Thank you, Ankur Sir for detailed video. Although, this is an incomplete video. There are 2 more scenarios that are in the reduced EMI Option. 1) Additional Reinvestment of the reduced EMI amount in the Loan Principal Amount 2) Investment of reduced EMI Amount in equity market (Stocks / MF) at ~12% return. Also, even if we ignore all of this the amount saved in EMI should also be added in the amount saved in addition to interest. I Agree that this might be less than the Reduce Term option but will provide better clarity to all your viewers. Let me know if I am missing any point in understanding this. Thanks.
I believe, Ankur was focusing more on the EMI reduction so in that point of view - this is a great video. Ultimately, maximum people who are paying EMIs - don't have additional money to invest so better to re-pay once they have some additional amount which saves lakhs of interest :-).
U r the best sir…the way u speak…the way u explain …the way u show ur decency …each and everything is best about u…i wish i could have acquired only 1% of ur knowledge
Warikoo ji.. you explained it so nicely, that even a common man can understand and execute. thank you so much for all your help. This helped me plan my finance better. God bless you.. and lots of love.
Sir i have lot respect for you because you are the only creater who actually sloves problem. My parents just planning to buy a house but as my parents are old and they don't know much about finance things so it always been a my responsibility to know which thing will work best for us through your video i gather really important information about finance and life I'm just 19 years old but because of you i understand one thing very early in life is if i wanna be someone who improve his life first i have to fix finance.( I don't know if you gonna read this but you mean a lot sir😊.)
I am looking for this type of video. And I got what I wanted to see. Thank you Sir. It is really cleared all my doubts. Now I can go for what I want to do. ❤
Thank you sir... For explains this content in common and better way .... Now i am going to pay pre-payment for my loan.... It id really valuable information.....
Thanks a lot🙏 for the effective explation sirji, found it very simple to understand.... We got a clearity and confidence to repay our loans by saving our heard earned money and time . And the exel file was very much usefull... Thanks again
Thank so much sir for providing the excel sheet it really helpful. I actually already made my own sheet but the pre-payment formula was not working properly and that is when landed on this video. I have been consuming your content on Insta regularly. Great work with all the content created by you
Sir ek problem hai aapke calculation mein. If you reduce EMI... the delta saved can be used to directly prepay. Thats why banks by default reduce term on prepayment. If you reduce your emi by 10k, that 10k is available for instant prepayment, thereby reducing the new emi.
My formula is to keep pre paying and reduce tenure(not EMI) until principal part becomes same as the interest part in EMI. So far i have saved 9 lakhs interest payment with 2.5l prepayment. Thanks to Warikoo in one of the previous videos, he shared one excel sheet to calcualte and decide whether to do lumpsum investment or to prepay loan
This prepayment is possible only on Home Loan in case of Car or Bike Loan there is a restriction of max 2 times prepayment plus there is a 3-5% interest too
What a simple yet GREAT content ! Specially that point when one pays extra EMI amount every next year. Thanks Wariku sir. Sir, you are looking frail. Best of Luck.
Can you also recommend the scenario where bank keeps the Same EMI but bank changes interest rate due to change in factors like Repo rate. Resulting in still increased emi months
It is clear that when you reduce the EMI, you save less on interest compared to when you reduce the tenure. But one thing should be considered here is that if that reduced amount is being invested in mutual funds, then what happens? How much money it will make? Will it be more than the extra interest we would save in other option?
Yes, I did my own calculation i found to reduce EMI amount is better, two reasons, 1 we have extra amount in hand to spend. 2. Now less need to pay to bank per month
Sir please a video on comparison, when we reduce emi and put extra money on sip Then what will happen and also compare with reduce time and extra money put in sip
One thing needs to be considered if the rate is variable then the bank keeps on increasing interest rates in 25 years according to inflation. For eg 8 % rate will increase to 9 %.In this case even if we are reducing emi bank is balancing it with an increased rate.
You made such an informative and helpful video right at time. When I am looking ways to pay off my loan as soon as possible. The biggest Q was reduce EMI vs reduce Tenure?, you solved it for me. Thanks sir.
I got my home loan in 2010 for 20 years, I paid 1 lakh extra in second year i.e 2011 and 5 lakh in 8th year, I am left with only 6 emis now, My loan will be paid off until July, 2024. Paying it off 5.5 years earlier. This really works miracle. I regret why i did not made prepayment in second to seventh year. People reading this comment, do not do this mistake, please prepay every year...
This is such a great video and a eye-opener to save our hard-earned money from loans. Thank you tremendously for making this video and sharing the spreadsheet. :)
Sir, I came around this video and it is very knowledgeable. Just a request, could you please make a video on paying the education loan quickly? It would be very helpful for alot of us.
You have missed a very big part! If you invested the reduced EMI portion into 10%(assuming post tax) annual yielding instrument also, you would still make more money by reducing EMI than reducing tenure.
Ankurji thank you for your simple way to explain intelligent and complex things especially about finance without losing focus and key things ....very grateful for your selfless service...😊
Hi warikoo Ji, I never miss any of your video. Very Good Analysis.... Thank you for the analysis.... File can't be downloaded, can you please share with some other way ?
I think a basic financial part of being able to reinvest the saved EMI amount was missed.. if you assume 12% returns on the saved EMI then that option could be more desirable
Thanks you. It's a great video and very helpful tool. Loved your previous version of the tools (EMI Calculator, Payoff vs. invest). In the scenario of a home loan for under construction property, loan amount is distributed in tranches for the period of construction thereby changing the loan amount and the EMI for the first few years (2-3 yrs or so). I would love to see how can that calculation be included in the next iteration of this tool :) As always grateful to your contribution and teachings on personal finance.
It does not matter much.. I have played with these calculators multiple times over grow calculator.. Itni EMI bdhane ke liye paise hone b chaiye every month to pay the bank.. The strategy which I used is for first two years I did regressive pre payment but did not reduce tenure but reduced my EMI so that I can use my rest amount and reduce my emi monthly burden.. And after 2 years I did not reduce the emi but reduced tenure so that I pay less interest.. If you will try this on grow calculator then you will realize that no matter what you do total yearly interest varies by very small amount
Buy my new book 'MAKE EPIC MONEY' here: amzn.to/3HEShCR
My Money Apps: bit.ly/3Zg56eR
My bestselling books:
‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone
‘Do Epic Shit’: ankurwarikoo.com/doepicshit
My gear for shooting this video:
🎥 Sony a7III camera: bit.ly/3M42wAV
🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0
🎙 Shure SM7B Microphone: bit.ly/3O1NAVA
🔆 Fill Light 60W: bit.ly/37aJolP
💡 Key Light 150W: bit.ly/3O9nyjs
📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1
Useful links:
20 books for your 20s: bit.ly/WarikooBooks
20 online courses for your 20s: bit.ly/WarikooOnlineCourses
Gadgets that I use: bit.ly/WarikooGadgets
The above links are on Amazon.
If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.
appreciate you a lot
Link of excel ??
Excel link??
excel link is not working
Banks will hate you for this 😂
I remember I pre-closed my “first car” loan which I took from SBI. I prepaid by any amount (whatever was possible). I didn’t do any such calculations, my simple funda was: if I cannot grow my assets by 8.5%, I will not let my liability to grow in that same rate. 😊 Young professionals are lucky as they have these videos to understand finances.
Was it paid early bro ?
u can easily grow asset by 10%
Course cancel kaise kare bhaai 😢
Loss for older one as these kind of vedios were not there earlier.
Same pinch 🤏
When I need to refer any point from your video, I can just browse and in just a second I can get what I need, don't have to wait on an ad when I'm actually in a rush. At times when ads pop-up while browsing important financial stuff, it is so annoying.
Thank you for not monetizing youtube. You are amazing.
That is why you purchase UA-cam premium 😂
Nobody explains it better than Mr Warikoo. Thanks for the content. Have been learning a lot !
The key takeaways are:
a.) When "compounding" takes on with "compounding" it is only "break-even" that is left as a result.
b.) The additional EMI or increased EMI amount that we pay to the bank in the initial months is "valuable" money vs. "invaluable" or "devalued" money that we keep paying till the term ends (due to inflation).
So, it's a matter of choice what route you wish to go.
If you think you could have invested that extra (valuable) money that you've saved (by not paying to the bank in the initail months) & could have earned more "compounded" profit out of it (compared to what you would have paid to the bank), then yeah that's your call.
Otherwise, it is always a better idea to pay that money to the bank instead to close your loan early.
Nevertheless, excellent content as always! Thanks for dedicating time to record this and share with the audience!
Great explanation on confusion between pre closure of loan vs Investing that same money. 👍🏻
Can you also explain any preferred tactic on how to deal with Banks when the interest rates increase due to changes in repo rate. While I continue to add an additional monthly amount, my tenure keeps increasing increasing. My monthly EMI remains fixed.
@@anuragnigam Although, Im not very sure about it. This may vary bank to bank. But you can ask your bank to fix your interest rate by paying a fixed amount of money. Your interest then turns from floating to fixed. Additionally, the rates are expected to fall in the 3rd quarter this year, anyway. Due to various economic factors. No financial advice, though.
@@anuragnigamif your bank is private like indiabulls, shri ram finace plzz transfer that to any govt. bank . my father was also scammed by indiabulls bcoz they kept on incresing loan tenure every year.. but after transfering to pnb housing loan tenure is same from 2 years..
The concept of 10% increase in EMI is a very smart option but we have to understand bank has made certain EMI beyond which you cant increase EMI. So please consider that in your calculation aheet
Thank you so much. I had been trying to understand this myself, this video will help me clear my home loan
Same here....thank you Mr. Warikoo❤
I adopted this for my Second Home loan and it worked fabulous. Thanks Warikoo 👍🏻
I wish I could know such things 5Y ago when I took car loan.. I was able to repay much of it early but at its last leg.. Past is past, I will use this knowledge for quick repayment of my home loan that I'll be starting soon. Thanks Warikoo ji.
you know what, at first i was thinking u are here only for selling things, but today i thought no i was wrong. Thank you for all this information.
So effortlessly and swiftly you have communicated such things deeply.. Truly appreciated and inspired.!!!!!
You guys are amezing. You saved my lakhs of money. My soulmate who shared the video to me & Amezing you. My heart is thankful for both of you. ❤
Thank you, Ankur Sir for detailed video. Although, this is an incomplete video. There are 2 more scenarios that are in the reduced EMI Option. 1) Additional Reinvestment of the reduced EMI amount in the Loan Principal Amount 2) Investment of reduced EMI Amount in equity market (Stocks / MF) at ~12% return.
Also, even if we ignore all of this the amount saved in EMI should also be added in the amount saved in addition to interest. I Agree that this might be less than the Reduce Term option but will provide better clarity to all your viewers. Let me know if I am missing any point in understanding this. Thanks.
That’s a great point. Missed this.
I believe, Ankur was focusing more on the EMI reduction so in that point of view - this is a great video. Ultimately, maximum people who are paying EMIs - don't have additional money to invest so better to re-pay once they have some additional amount which saves lakhs of interest :-).
Sir both points are valid but I still think point no 2 is good to go... Plz make video about it....
Today i collect some new knowledge....❤❤❤❤
Thank you sir❤❤
I was 100% sure that after finish watching this video , there won't be any such excel link in the description .And see that's exactly it is 😄
U r the best sir…the way u speak…the way u explain …the way u show ur decency …each and everything is best about u…i wish i could have acquired only 1% of ur knowledge
love you sir for providing free financial knowledge which is necessary to each and everyone especially 20's
I have started my home loan recently and got a helpful video to save money in future🙌
Warikoo ji.. you explained it so nicely, that even a common man can understand and execute. thank you so much for all your help. This helped me plan my finance better. God bless you.. and lots of love.
Sir really u changed my life my loan interest reduced thanks
Sir i have lot respect for you because you are the only creater who actually sloves problem. My parents just planning to buy a house but as my parents are old and they don't know much about finance things so it always been a my responsibility to know which thing will work best for us through your video i gather really important information about finance and life I'm just 19 years old but because of you i understand one thing very early in life is if i wanna be someone who improve his life first i have to fix finance.( I don't know if you gonna read this but you mean a lot sir😊.)
I am looking for this type of video. And I got what I wanted to see. Thank you Sir. It is really cleared all my doubts. Now I can go for what I want to do. ❤
Ye hui na baat . Awesome calculation sir. Maza aa gaya.
Thank you sir... For explains this content in common and better way .... Now i am going to pay pre-payment for my loan.... It id really valuable information.....
I literally got something new to learn...and it's valuable...thank you sir
Kindly provide the active link for excel sheet
It’s very very useful and super easy to handle. I was searching this kind of excel in internet and I was only getting calculator. Thank you @warikoo
Thanks a lot🙏 for the effective explation sirji, found it very simple to understand.... We got a clearity and confidence to repay our loans by saving our heard earned money and time . And the exel file was very much usefull... Thanks again
Great work Ankur sir.
I am scratching my head on creating 10% increase EMI part excel sheet. Really want to put my numbers into it 😅
if you increase emissions by 10% each year, then your 10th year emi will 90,000. Can you afford that?
@@deepakaralumalligesubbaray3318 I assume loan will be completed before that ?
Not able to see the last sheet with 10% increase in EMI. Can you please attach it as well. This is really helpful.
Check out his old vedios of emi calculator … there you can find it
Again thanks for English captions. .. it will be helpful if all Hindi content creators add this English captions 🙏
Prepayment karke loan ka tenure kam karna sahi hai ya EMI kam karna??
Kripya Ye bataiye saral shabdo me.
Great excel sheet . Helps me plan my loan better . Thanks
Thank so much sir for providing the excel sheet it really helpful. I actually already made my own sheet but the pre-payment formula was not working properly and that is when landed on this video. I have been consuming your content on Insta regularly. Great work with all the content created by you
Thank you i have already started my journey to save lacks
Sir, thanks a lot for the video and the excel sheets for calculation, helps a lot 🙏
Thanks. It helped a lot in managing my finances and plan it better
Sir ek problem hai aapke calculation mein. If you reduce EMI... the delta saved can be used to directly prepay. Thats why banks by default reduce term on prepayment. If you reduce your emi by 10k, that 10k is available for instant prepayment, thereby reducing the new emi.
I was under this dark cloud and can see some light now. Thank you sir
Thanks my home loan emi is starting frm next month and this will help me alot... Thank you
My formula is to keep pre paying and reduce tenure(not EMI) until principal part becomes same as the interest part in EMI. So far i have saved 9 lakhs interest payment with 2.5l prepayment.
Thanks to Warikoo in one of the previous videos, he shared one excel sheet to calcualte and decide whether to do lumpsum investment or to prepay loan
This prepayment is possible only on Home Loan in case of Car or Bike Loan there is a restriction of max 2 times prepayment plus there is a 3-5% interest too
There should be some reason for other options, re calculate like this. Reduce EMI amount and extra amount u can invest and MF or stocks
This is the kind of content that NEED to go viral.
Thank you so much for making this vid with such ease of explanation. Excel sheet helped too 😃😃
Loved the information yiu shared.. will definitely go for last option. Thanks again. Very informative .
What a simple yet GREAT content ! Specially that point when one pays extra EMI amount every next year.
Thanks Wariku sir. Sir, you are looking frail. Best of Luck.
Excellent sir. Really surprising. U r saving our hard earned money. Thnx v much
The Excel sheet is view only... please upload the sheet which can be edited by us to know the changes in emi and tenure
The cell of interest rate is not taking any float value. It is automatically rounding off to nearest integer!
Can you also recommend the scenario where bank keeps the Same EMI but bank changes interest rate due to change in factors like Repo rate. Resulting in still increased emi months
Amazing informative video Ankur, thanks a lot for this video.
Thank you sir for giving valuable information. I will try to do same practice.
It is clear that when you reduce the EMI, you save less on interest compared to when you reduce the tenure. But one thing should be considered here is that if that reduced amount is being invested in mutual funds, then what happens? How much money it will make? Will it be more than the extra interest we would save in other option?
Yes, I did my own calculation i found to reduce EMI amount is better, two reasons, 1 we have extra amount in hand to spend. 2. Now less need to pay to bank per month
Sir please a video on comparison, when we reduce emi and put extra money on sip
Then what will happen and also compare with reduce time and extra money put in sip
One thing needs to be considered if the rate is variable then the bank keeps on increasing interest rates in 25 years according to inflation. For eg 8 % rate will increase to 9 %.In this case even if we are reducing emi bank is balancing it with an increased rate.
Yeah variable interest rate works differently
What a video ❤ ! Just loved thnks a lot sir
Bank aise hi aam janta ko fanshate h 😢
Best video for home loan repayment.❤
You made such an informative and helpful video right at time. When I am looking ways to pay off my loan as soon as possible. The biggest Q was reduce EMI vs reduce Tenure?, you solved it for me. Thanks sir.
I got my home loan in 2010 for 20 years, I paid 1 lakh extra in second year i.e 2011 and 5 lakh in 8th year, I am left with only 6 emis now, My loan will be paid off until July, 2024.
Paying it off 5.5 years earlier.
This really works miracle.
I regret why i did not made prepayment in second to seventh year.
People reading this comment, do not do this mistake, please prepay every year...
So how much amount of Intrest you paid total
Great Video 👌👌👌
Best excel sheet
Its an eye opener.... thanks a lot for the enlightening one.....tnx again....
This is such a great video and a eye-opener to save our hard-earned money from loans. Thank you tremendously for making this video and sharing the spreadsheet. :)
Sir, I came around this video and it is very knowledgeable. Just a request, could you please make a video on paying the education loan quickly? It would be very helpful for alot of us.
Really great helpful video. It's mind-blowing
Iske maze hi maze …
Wow brother
You rock
You have missed a very big part! If you invested the reduced EMI portion into 10%(assuming post tax) annual yielding instrument also, you would still make more money by reducing EMI than reducing tenure.
Sir aap har bar calculations to bta dete ho but 1 video iske process ki bhi bnao jo sbke liye bank process smjhne m or aasani kre
Ankurji thank you for your simple way to explain intelligent and complex things especially about finance without losing focus and key things ....very grateful for your selfless service...😊
Why am not able to download the sheet?
Awesome explanation... Thank you very much !!!
Could you please also share the additional sheet - for increasing EMI amount ?
Hi warikoo Ji,
I never miss any of your video.
Very Good Analysis.... Thank you for the analysis.... File can't be downloaded, can you please share with some other way ?
Very informative
Looking forward to to take a home loan from bank and i am gonna use this formula
Thanks for uploading this video. It was very easy to understand with examples in excel.👍
Please share the excel with Yearly one extra EMI and x% hike every year. The best option to reduce EMI 🙂
Thank you for this knowledge content 🙂
The second sheet where the EMI after every year is increased by 10% is not attached. Kindly share the same sheet as well
@warikoo Sir, Looks like you missed you to add the EMI calculator sheet. I am not able to find that. Please add it. Thanks!
I'm also looking for the same.
I think a basic financial part of being able to reinvest the saved EMI amount was missed.. if you assume 12% returns on the saved EMI then that option could be more desirable
Thanks you. It's a great video and very helpful tool. Loved your previous version of the tools (EMI Calculator, Payoff vs. invest). In the scenario of a home loan for under construction property, loan amount is distributed in tranches for the period of construction thereby changing the loan amount and the EMI for the first few years (2-3 yrs or so). I would love to see how can that calculation be included in the next iteration of this tool :) As always grateful to your contribution and teachings on personal finance.
Thank you so much for such valuable information 🙏
Please enable this sheet as we are not able to calculate my interest
Much needed and excellent content
Much needed financial solutions ❤
Sir you are best. I am so happy. I go your way. Mostly i m so happy. 😮😮😮
Thanks Man😊, It Helped Me A Lot
I think you have missed to highlight there will be a increase in EMI of loan tenure is reduced
It does not matter much.. I have played with these calculators multiple times over grow calculator.. Itni EMI bdhane ke liye paise hone b chaiye every month to pay the bank..
The strategy which I used is for first two years I did regressive pre payment but did not reduce tenure but reduced my EMI so that I can use my rest amount and reduce my emi monthly burden.. And after 2 years I did not reduce the emi but reduced tenure so that I pay less interest..
If you will try this on grow calculator then you will realize that no matter what you do total yearly interest varies by very small amount
Please allow access for the sheet.
Very nice Video sir. I wish our education system teaches us this stuff which is useful in real-life instead of all the useless stuff.
2nd excel sheet i a m not getting. please upload Sir.
Wonderful Sir😊😊😊😊. Absolute help for me 🙏🙏🙏🙏🙏🙏🙏
❤❤❤Love you, this video was really amazing. Thanks for sharing such an amazing trick
Would you like to explain how to reduce term or how to pay extra Amount
Hi This is fantastic. Thank you.
Can you please share the excel file. Unable to download it
Thank you sir for this information ❤
You are simply awesome…thank you for all the great work you are doing… 🙏🏻
Sir 10% hike in emi every year just looks hypothetical. Yearly increment is somewhat in the range of 8-10%😂
Quick Question: Where do I get to download the best scenario excel sheet? The one that described 25 yr loan to be paid in 10 yrs only.
Thank you Ankur Sir. I recently took a home-loan and this really helps me :)
This was much needed. Very much useful than previous sheets. Thanks @warikoo
Thank you so much sir for the guidance.