Whether one can make of early repayment or part repayment of Home loan? To get more tax exemption under sec 24 (B) of Income tax. As repayment of Housing loan carries 2 components 1.. Interest on borrowed loan , …covered under sec.24(b), and 2… repayment of principle amount , covered under sec.80(C),—presently limited to Rs.150000, (2015–16); as home loans are more of ticket size +20 lacs ; Also as most of the people in India , does have investments in PPF , Insurance policies ,deduction under sec.80C ( of limit Rs150000 ) is taken care by it( almost, varies from person to person) so is it prudent to avail most permissible deductions under sec.24(b) by making more EARLY repayments towards interest on housing loan.