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City: Hyderabad
Employement Status: Salaried
Date of Birth: 09-08-1980
Earning Members: 2
Dependants: 2
Net Salary: Rs. 95000
Assets
Property: Financed
Vehicle: Financed
Other Assets: Owned
Loan Details
Loan Type: Property Loan
Loan Amount: Rs. 1875000
Tenure: 165
Emi: 19551
ROI: 10
Emi Paid: 100000

Card Details
Payment Due Status: Less than M A D
Outstanding on Card: 22000

Query: Every Month I paying 26000 as Loan , Home Loan Rs 19551 ( Loan Taken 195,000 for 20 Years , Now i have to pay for 193 month with Rs 19551 every month , got reduced as interest rated were reduced ) and Car Loan 6500 for another two years . I have fixed deposits of 6 lacs with ROI 9 % , Suggest me , should i repay partial home Home Loan or keep in the FD as it is , credit Card OS i have Rs 22000 for which i can pay off next month

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Dear

If you will break your FD's at this point of time then the, current ROI will be considered(i.e 7.25%).So paying a partial home loan amount from the amount of FD is not a good option.

If any time in future your Home Loan rates get increased(i.e 11% to 12%) then making a prepayment of your Home loan will be good for you.

Please revert with any clarifications on the above answer.

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Thanks ya for your reply , even i had the same thoughts but your comments confirmed it , Once again thanks for taking your valauble time and sharing with me the info

Regards

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Dear

Your Welcome