Basically i have this FD maturing of 22.5 lakh and i currently have an 34.2 lakh home loan around with 31000 emi. I live in the house have rent of 20000 from this and effectively my total income all other source is 71000 monthly and if I deduct the emi its 40000 around out of which 15k goes for expense and 10k for investment and I am left with 15k. I also have an agricultural loan of 18 lakh out of which 6 lakh is interest free and so I am not paying the total 18 lakh but rather 12 lakh which are 10% on an annum. My land rent gives me 140k per year and that goes toward the land loan. What should I do? Should I prepay the home loan or the agririan loan or invest it somewhere else?
u/AnywhereNo259 — 13 days ago