I very much a function over form and comfort is king kind of

uk canada goose A back of the envelope calculation shows under the standard repayment scheme the interest outgo will be Rs 3.51 lakh over the loan tenure at EMI of Rs 16,089 for seven years. But, in thecase of step up repayment scheme assuming lower EMI of Rs 10,000 in the first 2 years and a 21 percent increase after 2 years to Rs 19,399, the customer ends up paying 15 percent higher interest than that in the standard [...]

Read more...