r2i forum

Thanks Going_nowhere.

I will really appreciate if you could provide a link to some IRS document regarding this.

I think I missed a few details. There is NO prepayment penalty with HDFC. It is just that I don't have money to pay off the loan in near future and therefore have to keep loan running for sometime. Therefore, my goal is to reduce the interest I'm going to pay on the loan. So, I'm trying to refinance ...

I couldn't find information on this elsewhere, so .. I've bought a property ~40L in Pune on loan via HDFC (10.5% as of now). I'm wondering if it is possible to refinance/prepay this loan by applying for a mortgage in US. Has someone tried doing this before ? I'm wondering what hurdles may appear if ...