Home Loan Tenures Surge On Rising Interest Rates: What Should You Do?
Last Update Date: 06-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar worked through an example showing how a higher rate lifts both the EMI and the total interest on a home loan. He pointed out that stretching the tenure to keep the EMI unchanged increases total interest even more.
More of Abhishek's views on debt and loans
With repeated repo rate hikes pushing up home loan rates, the article looks at how floating-rate borrowers face higher EMIs or longer tenures, both of which raise total interest. It suggests ways to ease the burden, such as part-prepayment and paying an extra EMI each year.
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Home Loan Tenures Surge On Rising Interest Rates: What Should You Do?