If you too are tired of paying home loan and wondering when this burden will end, then there is a good news for you. Chartered Accountant Nitin Kaushik has told a trick by which you can save huge amount of Rs 12 to 18 lakh on a home loan of Rs 5060 lakh. The most important thing is that this method is neither difficult, nor does it require any huge additional income. Just a small change in the way you pay EMIs can help you finish the loan early by saving years of interest.
Why is a home loan so expensive?
The biggest problem with home loan is long tenure and heavy interest. You take a loan of Rs 50 lakh, but by the time you repay it to the bank, the amount reaches around Rs 1 crore. That is why people often keep paying EMIs till 2030 years and a major part of their life earnings is spent in interest. But if a little smart planning is done, the interest burden can be reduced to a great extent.
Expert Advice: Divide EMI, reduce interest
Nitin Kaushik tells that most people pay EMI once every month, i.e. 12 EMIs in a year. Now the trick is that instead of paying one complete EMI, divide it into two parts and pay half the EMI every 15 days.
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Its simple mathematics is that an extra EMI is added. If you pay half EMI every 15 days, then there are 26 half-EMIs in a year i.e. 13 full EMIs in total. That means you pay one more EMI every year without any additional burden. This additional EMI is directly added to your principal. Due to this, your loan balance reduces quickly and the interest also starts decreasing rapidly.
🏠The Home Loan Hack That Can Quietly Save You Lakhs
Most people think a 2030 year home loan is just something to live with. But there’s a simple tweak that can quietly shorten your loan tenure—without increasing your monthly EMI.
Instead of paying the full EMI once a
—CA Nitin Kaushik (FCA) LLB (@Finance_Bareek) December 4, 2025
How much will be saved on loan of Rs 50 lakh?
If your loan is of Rs 50-60 lakh and the interest rate is between 89%, then the loan can end 67 years earlier and you can save interest up to about Rs 1218 lakh, that is, not only the burden of EMI will end quickly, but you will also save lakhs of rupees in your entire life.
Does every bank offer this facility?
Before adopting the trick, check the policy of your bank, because not all banks provide the facility of taking payment every 15 days. If your bank offers bi-monthly or part-payment facility, then this method can prove to be very beneficial for you.