Posted on: 21st Jul, 2009 07:30 am
I took mortage loan before 1 year , i paid lum sum amount for this mortage loan.so my emi has changed and interest rate is also changed.
I have personal loan with more interest rate.If i pay some amount then interest rate will be deducted ??
IF not then let me know what are the way to minimize interest rate??
Thanks....!!!
I have personal loan with more interest rate.If i pay some amount then interest rate will be deducted ??
IF not then let me know what are the way to minimize interest rate??
Thanks....!!!
as a rule of thumb always prepay for the loan having maximum interest rate.