You all must be paying home loan EMI for your dream home. It pinches a lot. Ever thought of a way to get all the principal and interest back.
Is it possible.
Is it possible.
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| Home loan - EMI |
How?
If interested, read on...
Invest 10% extra of your Home Loan's EMI in mutual fund Equity SIP and all your home loan principal and interest will recovered with profit in 20 years.
Example: For Home Loan of 20 Lac for 20 Years with ROI 10.50%EMI will be Rs. 19,968.
In 20 Years one will pay total towards HL Rs. 47,92,930.
Interest: 27,92,930 &
Principal: 20 Lac
Interest: 27,92,930 &
Principal: 20 Lac
For SIP of 2000 for 20 Years with 20.4% expected return, Fund Value will be 67,18,375
(SENSEX has given avg return 20.4% in Last 36 years from 1979 to 2015)
Thus you get back all your principal and interest back and plus earn a cool profit of Rs. 19,25,455.
