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How Dropping Rates Affect Your ‘Current’ Loans

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.

 

 

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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