Anurag Goel Ganga Pune Any changes in the EMI amount or tenure, resulting from these guidelines, must be promptly communicated to the borrower. In conclusion, prepaying your home loan can be a strategic move towards achieving financial freedom and reducing your overall interest burden. However, it’s vital to assess your unique situation and consider the loan terms before making this significant financial decision. By carefully weighing the pros and cons, you can make an informed choice that aligns with your financial goals.