To close a home loan quickly, consider making prepayments or part-payments towards the loans principal amount, which can help reduce interest and loan term. You can also choose a shorter loan term with a higher EMI, or make lump-sum payments towards the outstanding principal amount when you have extra money. You can also consider refinancing your home loan to a lender with lower interest rates, or negotiate a lower rate with your current lender. Before making prepayments or refinancing the loan, it is critical to check for any prepayment penalties or other charges.
