How Dropping Rates Affect Your ‘Current’ Loans

By BankBazaar | August 17, 2015

The swoop you feel when you’re kayaking down the waterfall may just be the same swoop the news of rate cuts on your loan gives you.

Here’s a look at how different rate cuts affect your loan waterfall and a comparison between lowering your interest rate and your tenure.

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YOU MAY ALSO WANT TO: Check out how your EMI’s are faring – Home Loan EMI Calculator, Education Loan EMI Calculator, Car Loan EMI Calculator

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