RBI repo rate hike prompts debate on higher EMI versus longer home loan tenure

An NDTV explainer asks whether borrowers should pay a higher EMI or extend their home loan tenure after a repo rate hike. It notes higher EMIs cut total interest, while longer tenure eases monthly cash-flow pressure.

Timeline

1. 19 Oct, 06:44 UTCFirst appeared on NDTV

Top sources

• RBI Repo Rate Hike: Should You Pay More EMI Or Extend Home Loan Tenure?NDTV