Vitthub
🏠

6 EMI hacks

Cut years off your home loan
Vitthub

#1 · One extra EMI per year

Bonus prepayment of 1 EMI annually on a ₹50L/20yr loan at 8.75% = loan closes ~3 years early
Vitthub

#2 · Step up 5% yearly

Increase EMI by 5% every April. Loan closes in 11-12 years instead of 20.
Vitthub

#3 · RLLR > MCLR

Switch to a repo-linked loan. RBI rate cuts pass to you in 3 months vs 12 on MCLR.
Vitthub

#4 · Bal-transfer @ -0.5%

A 0.5% rate cut on a ₹50L loan saves ~₹6L over 20 years. Break-even on fees = 18-30 months.
Vitthub

#5 · Recalculate on rate cut

When RBI cuts repo, ask bank to lower EMI (not tenure). Most will not do it automatically.
Vitthub

#6 · Never extend tenure

A 5-year extension on ₹50L at 8.75% adds ~₹30L in interest.
Vitthub

Run your scenarios

See exactly how much each trick saves you.

Open EMI calculator →