Loan payment vs investment

[lone_warrior_ind]

Hii

Recently Purchased Kia Carens,
On Road 14.7L
paid upfront 2.7L & 12 L loan with per month 8.8% interest for 7 years per month EMI 19.2K

I have 9 lac upfront in my account which is wise
1. Pay 9L in loan amount & finished it in next 2 years,
2. invest 9L in MF or Stocks and let loan at 8.8% once price is Up then I pay loan.

Thanks

 

[ManojGowda]

I too have a bigger loan at a lesser rate,
I rather invest and make atleast 20% return every year and make my money grow rather than payoff my loan.

 

[sheru]

Invest 9L in MF.
Start SWP from that MF to partially compensate EMI.
Check in 3/5yrs.

 

[arun4455]

I have slightly different view from other. If the loan doesn't bother you in terms of the liability and you have control over your spending even if the money is available in your bank account, let the loan continue. However, if a loan liability bothers you, then mental peace is more important. Pay off the liability and enjoy loan free car.