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Should you opt for pre-EMI for a loan on a property under construction? - Vimarsana News

Should you opt for pre-EMI for a loan on a property under construction?

Pre-EMI option is lighter on the pocket as you only pay interest in the first years before the EMI period starts. But pre-EMI incurs a higher interest cost in the long-term, than the regular full EMI option.

What is Pre-EMI and Full EMI repayment schemes for home loans? Know difference and which is better - Vimarsana News

What is Pre-EMI and Full EMI repayment schemes for home loans? Know difference and which is better

Pre-EMI payments are frequently less expensive than regular EMI payments, which cover both the loan's interest and principal.