Home loans are usually 15-30 years long which is actually a very long period... and the interest we pay during this period sometime goes higher than the principal amount as well... EMIs for such long term can be frustrating and stressful so here I am sharing 3+1 practical hacks using which you could completely pay off your loan in half the actual time... Considering you have a 20 years long home loan. 1️⃣ If you prepay 5% of your loan in addition to the regular EMI, then your loan will be completed in just 12 years... 2️⃣ If you pay 1 extra EMI every years, means 13 EMIs instead of 12, then your loan will completed in just 17 years... 3️⃣ If you increase you EMI by 5% every year then you loan will be completed in just 12 years and 7 months... 4️⃣ Bonus tip- If you increase your EMI by 10 per cent every year, you will be able to close your loan in 119 months (9 years and 11 months... If you like these hacks and want me to share more such hacks then let me know in the comments and do consider following @improvementtherapy... #personalfinance #homeloan #hacks #savemoney #moneyhacks #Shorts