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Understanding the Pros and Cons of Home Loan Overdraft Facilities
Understanding the Pros and Cons of Home Loan Overdraft Facilities
Understanding the Pros and Cons of Home Loan Overdraft Facilities
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|Live Mint|a year ago

A home loan overdraft facility allows homeowners to use excess funds to prepay their loan, reducing interest costs. It offers flexibility and potential interest savings but comes with drawbacks like higher interest rates and the risk of overspending.

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