1 / 10Everyone dreams of having their own house. Some people buy a flat, while some people buy a land and build a house on it as they want. Most people opt for a home loan to build or buy a home.2 / 10There is no problem in paying the home loan EMI in the initial days after getting a job, but gradually the responsibilities start increasing. As the responsibilities increase, your financial burden starts to increase and the home loan EMI starts to feel like a burden. Some people even sell the house and get out of the home loan.3 / 10When you take a home loan, it will have a fixed EMI, which you will have to pay every month. On the other hand, every year your salary will increase a little and after a few years your responsibilities will also increase. In such a case, the EMA of home loan is higher in the initial stage after employment.4 / 10When you feel that your salary is more than your expenses, you should restructure your home loan. Due to the increased salary, you should try to increase the EMI. So that the loan repayment period can be reduced. 5 / 10Suppose you take a loan of Rs 40 lakh for 30 years at the age of 25. If you take this loan at 8.5 percent, you will have to pay an EMI of around Rs 30,000 per month. If you keep paying like this, you will get around 70 lakhs in these 30 years.6 / 10On the other hand, if you increase your home loan EMI in the initial stages or shorten the loan tenure, you will save a lot of money. When you feel that you are facing difficulty in paying the EMI of the loan, restructure it.7 / 10The best way to save money is to manage your expenses. If you can increase your EMI by 5-10 percent by reducing some of your essential expenses, it will significantly reduce your loan repayment period. As a result you have to pay less interest.8 / 10Most companies give an annual bonus to their employees. If you get a large amount in this, use that amount for prepayment of the loan. This reduces the principal amount on your home loan. This will at least reduce your EMI or loan repayment period.9 / 10If you are thinking of taking a home loan, don't increase the EMI to such an extent that you will find it difficult to repay it. Generally the home loan EMI should not be more than 20-25 percent of your inhand salary.10 / 10If you are single and have no responsibilities, you can keep the EMI at 30-35 percent in the initial stages, but not more than that.