The liability of a home loan is usually the biggest for an individual. So, it’s no wonder that people want to pay off their home loans as soon as they can. In times of economic uncertainty, job losses and pay cuts, a home loan EMI weighs even more. At the same time, with interest rates at record lows, you may be planning to take a home loan. In such a situation, too, it is important to know the prepayment rules. The decision to prepay a home loan should be taken only after considering all the pros and cons.