Hello,
Need a help to figure our whether am making a good decision,
Home Loan : 52,00,000 (8.35% Interest rate)
Personal Loan : 5,00,000 (11.11% Interest rate)
Credit : 2,00,000 (From friends)
I just sold my apartment for about 33,00,000/- and Im planning to pay off my personal loan, 2 lacks to my friends and 2 lacks to government bonds and remaining to home loan. Is my plan seems to be fair or is there any suggestions that you can give. Please help.