To repay a home loan faster, consider making additional payments or prepayments towards the loan 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 increase your income or decrease your expenses to free up funds for loan repayments. Before making prepayments, it is critical to check for any prepayment penalties or other charges.
