H1B Worries: Should I Pay Extra on My Home Loan Principal?

[BiriyaniBandit]

Hello Dallas Annaluuu, I am one of the Gorre that bought house in 2024, With all the speculation about T- tatha- H1B rules and uncertainties, should I pay extra towards the principal of my home loan, or just stick to the regular EMIs?

[Bhiku_Matre]

Ltt

[allbakara]

Just pay it off and be worry free

[Deadp0ol2]

Why pay extra? evad oste endi regular EMI entha kadtaavo anthe kattu.

[Spartan]

a extra amiunt baita S&P lo pedite 10% minimum gurantee

nuvvu 7%( or watever is ur interest rate)  kattadaniki enduku payoff chestav 

kavalante naaku ivvu I will give 4% on it

[Aquaman]

6 minutes ago, Spartan said:

a extra amiunt baita S&P lo pedite 10% minimum gurantee

nuvvu 7%( or watever is ur interest rate)  kattadaniki enduku payoff chestav 

kavalante naaku ivvu I will give 4% on it

you mean robinhood lo s&p 500 etf medha pettu antunava?  10% per year growth pakka na?

[AverageDesiGuy]

1 hour ago, BiriyaniBandit said:

Hello Dallas Annaluuu, I am one of the Gorre that bought house in 2024, With all the speculation about T- tatha- H1B rules and uncertainties, should I pay extra towards the principal of my home loan, or just stick to the regular EMIs?

Don't pay anything extra.

[Spartan]

11 minutes ago, Aquaman said:

you mean robinhood lo s&p 500 etf medha pettu antunava?  10% per year growth pakka na?

https://finance.yahoo.com/quote/SPY/performance/

[nenu_meeku_telusa]

2 hours ago, BiriyaniBandit said:

Hello Dallas Annaluuu, I am one of the Gorre that bought house in 2024, With all the speculation about T- tatha- H1B rules and uncertainties, should I pay extra towards the principal of my home loan, or just stick to the regular EMIs?

Depends. I personally like to have my primary home mortgage free. It’s personal preference based on your priorities. 

[SaradaChinnodu]

2 hours ago, BiriyaniBandit said:

Hello Dallas Annaluuu, I am one of the Gorre that bought house in 2024, With all the speculation about T- tatha- H1B rules and uncertainties, should I pay extra towards the principal of my home loan, or just stick to the regular EMIs?

if you are worried about the speculation around H1B, dont pay extra and keep to your EMI. You can have extra cash if things go side ways. WE dont want everything to lock up in home.

Otherwise, go ahead and pay more towards principal. It helps a lot with interest savings and guarantees return of mortgage  interest rate. and helps to pay off soon for peace of mind. 

[Variety_Pullayya]

1 hour ago, BiriyaniBandit said:

Hello Dallas Annaluuu, I am one of the Gorre that bought house in 2024, With all the speculation about T- tatha- H1B rules and uncertainties, should I pay extra towards the principal of my home loan, or just stick to the regular EMIs?

enta inteest rate?

if you cant invest that money and get better returns then go for it.

just FYI that last year many index stock returns were more than 20%

[Kootami]

2 hours ago, BiriyaniBandit said:

Hello Dallas Annaluuu, I am one of the Gorre that bought house in 2024, With all the speculation about T- tatha- H1B rules and uncertainties, should I pay extra towards the principal of my home loan, or just stick to the regular EMIs?

Just pay minimum.and put the rest towards emergency fund

[ManchamKodi]

2 hours ago, BiriyaniBandit said:

Hello Dallas Annaluuu, I am one of the Gorre that bought house in 2024, With all the speculation about T- tatha- H1B rules and uncertainties, should I pay extra towards the principal of my home loan, or just stick to the regular EMIs?

sell it for half price and go to india ani @Sonu_Patel telling

[SaradaChinnodu]

9 minutes ago, ManchamKodi said:

sell it for half price and go to india ani @Sonu_Patel telling

aa buyer kuda @Sonu_Patel ena

[ManchamKodi]

Just now, SaradaChinnodu said:

aa buyer kuda @Sonu_Patel ena

how you know