@utsav1711
Hi Utsav, have you done the math on this one? This logic may sound powerful enough to scare a layman into paying up and NOT avail the 6-month moratorium, but I’m afraid this doesn’t necessarily make for good financial advice https://twitter.com/utsav1711/status/1264804721182814208

If I were to have a one year old home loan of 20 years on which I’m paying 9% interest, I will any day avail the 6 month moratorium, even if I don’t have any cashflow issues

Just put this in excel… all you need is an investment opportunity that's likely to generate an IRR of >9% over next 20 yrs, and you will see that these 6 EMIs worth of cash invested in this investment opportunity will more than take care of those 37 extra EMIs 19 years from now

In fact,if you manage to clock an IRR of 10% over the next 20 yrs,you will be left with 5 EMIs worth of cash in spare change at the end,and that's after paying for those 37 extra EMIs; if you clock 12% IRR, you will be left with a staggering 27 EMIs worth of cash left at the end

Of course the risk here is that the investments fail to deliver an IRR of even 9% over the next 20 odd years!!! But what are the chances of that?

As long as India’s GDP grows at a nominal rate of 9% or higher (5% real + 4% inflation), I am willing to bet that most top rated diversified equity mutual funds will arguably deliver far more than 9% IRR over the next 20 years… net net I would any day avail the moratorium