Home Loan Guides for
Indian Professionals

The answer depends on one number most people miss — your effective home loan rate after Section 24(b) tax. We show you the exact calculation and a city-specific framework for Mumbai, Bangalore, Delhi, Hyderabad, Chennai, and Pune.

There's an exact rupee amount you can prepay each financial year before your interest drops below the ₹2 lakh Section 24(b) cap. The formula, a year-by-year worked example, and a city-specific guide.

Why the same prepayment amount saves 2-3x more interest in year 2 than year 10 — the amortization math, a worked example, and why your bonus season timing already works in your favor.

Balance transfer isn't free — stamp duty, legal fees, and valuation charges add up. The real break-even math, when transfer wins, and when simply prepaying beats it entirely.

Section 24(b) exists only under the old regime — and it's often large enough to flip the whole decision. The real ₹3.5-4.5L threshold, worked examples, and why the answer changes as you prepay.