Greetings, Wishing happy new year to all DP members. I have a query regarding my housing loan. I have taken 15lacs housing loan 6 months back at 9% per annum. My month emi is 15k. I got 6lacs bank balance and i want to pay 5lacs as prepayment, so that my tensions get reduced a bit. I wanted to know what will be the balance principal amount and the emi's to pay once i do the prepayment. The pre-payment charges are 2% My bank manager delays this option of mine saying, its not wise to do pre-payment and never shares the above required info with me. So i want someone who can clarity this issues. Thanks for all the replies.