Date: 2008-08-05 10:21:37
Query : I have taken 4 personal loans and 1 home loan. The HOME LOAN is for 20 years @ 12540 /- EMI. The remaining 22031/- includes the Personal Loans.
My query :
The HOME LOAN is ok for me as it helps me save tax. But I need to know how to handle the PERSONAL LOANS. Different EMIs have different tenure as described below:
1) 9840/- -> supposed to be closed by Oct,2009.
Outstanding amount: 114000 /- (as on 1st Aug, 2008)
2) 5313 /- -> Till March,2011
Outstanding: 148000 /-
3) 3878 /- -> Till Feb, 2010
Outstanding : 50000 /-