How I Realized I Was Overpaying My Loan (And Fixed It in 10 Minutes)
--
How I Realized I Was Overpaying My Loan (And Fixed It in 10 Minutes)
Most people take loans and never question them again.
I was doing the same – until I compared different repayment strategies.
What I discovered:
- Increasing EMI slightly reduced my loan tenure significantly
- * Total interest dropped by a huge margin
- * The default plan given by banks is rarely optimal
The problem?
Most calculators only show one scenario at a time.
That’s why I started using a comparison-based calculator:
👉 https://ecalcy.com/compare/
It helped me:
- Visualize multiple repayment strategies
- * Make a smarter financial decision
- * Save money without changing income
If you have a loan, this is worth trying.
