RBI rate hikes pushing 20-year home loans to 26 years; here's what one can do

[IndiaInsurance]

https://img.etimg.com/photo/94918163.cms (https://economictimes.indiatimes.com/wealth/borrow/rbi-rate-hikes-pushing-20-year-home-loans-to-26-years-heres-what-one-can-do/videoshow/94918163.cms)Imagine taking a 20-year home loan and paying EMIs for more than 26 years. Unfortunately, the RBI's flurry of repo rate hikes in recent months has pushed up home loan rates from 6.7% in April to 8.1% now. In this video, we will tell you what borrowers can do to keep their loan tenure the same and how you can pay off your 20-year home loan in just 12 years.

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