Summary
When you prepay the loan, you can save yourself from interest burden. Although prepayment leads to some additional cost, this is one time payment and may be lower than the total interest payable in future.
Source: Live Mint on MSN.com
Exclusive AI-Powered News Insights (For Members only)
This content is AI-generated from various trusted sources and is intended for informational purposes only. While we strive for accuracy, we encourage you to verify details independently. Use the contact button to share feedback on any inaccuracies—your input helps us improve!
