So I had a home loan in SBI which I made prepayment and closed early for purchase of a property. Now I want to construct over the same bought out property and I am requesting loan for it for construction costing around 20 lakhs. At the same time, I have some money saved (say approx 7 lakhs) and did some research on how to save interest amount. So I have the below queries to the forum requesting your valuable input: 1. Should I utilise the corpus that I have and invest in SWP and pay my home loan interest from that? 2. Should I take up a lesser loan and pay the rest from the corpus I have built? 3. I had opted for new regime this year AY 2025-26. Can I change to old regime next year?
