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Home loan of 30 lakh, 50 lakh or 1 crore: Higher EMI or longer tenureHere's what works better. Calculation explained

After the RBI raised repo rate by 25 bps to 5.50%, several banks hiked lending benchmarks, making home loans more expensive. Borrowers can raise EMIs or extend repayment periods, we illustrate how both compare for 30 lakh, 50 lakh, 80 lakh or 1 crore home loans