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aksh12th · Joined: 30 Jun 2009 Posts: 49 0.28 Dollars($)

I took mortage loan before 1 year , i paid lum sum amount for this mortage loan.so my emi has changed and interest rate is also changed.

I have personal loan with more interest rate.If i pay some amount then interest rate will be deducted ??

IF not then let me know what are the way to minimize interest rate??

Thanks....!!!

timcrouchman · Joined: 20 Jul 2009 Posts: 52 0.00 Dollars($)

as a rule of thumb always prepay for the loan having maximum interest rate.

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