Getting a jumbo home loan may seem like a pipe dream, but one software engineer showed it’s achievable — and shared valuable lessons from the journey.
In a viral post on Reddit titled ‘I paid off my home loan of Rs 53 lakh in 6 years – here’s what I learned’, the technologist revealed that the story began in September 2019, when they took out a loan of Rs 53 lakh. By November 2025, the amount had been paid in full.
According to the Redditor, the journey wasn’t just financial, it was deeply mental. “Do not take a home loan if you are an overthinker or have anxiety issues,” they wrote, explaining that the constant stress of EMIs and financial uncertainty can be overwhelming.
A detailed repayment strategy, designed with the advice of friends, family and financial experts, made a big difference. The turning point came in 2021, when moving to Germany boosted their income and allowed installments to be paid faster. “If you have the opportunity to work abroad, especially with a loan, take it,” they advised.
Advance payments played a crucial role. The Redditor paid extra whenever possible — eventually paying a total of Rs 67 lakh, of which Rs 14 lakh went towards interest. “This is not a small number,” they noted, stressing the need for budgeting and foresight.
However, they caution that homeownership is not always glamorous. “On paper, my house is now worth Rs 1 crore, but my bank balance is almost empty. So, yes, net worth ≠ liquidity,” they wrote, highlighting the ongoing costs and maintenance that come with the emotional milestone of owning property.
Despite the financial pressures, the returns were satisfactory. Friends and family showered praises once the loan was paid off. In a semi-joking but relatable conclusion, the tech expert added: “If you’re feeling unmotivated in life, get a home loan. You’ll work harder, chase rewards, and manage your money better.”
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Screenshot of Reddit post
The post quickly caught the attention of Reddit users, who praised the technologist’s perseverance and self-discipline. Many shared their own stories, while others sought practical advice on dealing with long-term debt and staying motivated through it.
One user wrote: “Congratulations my friend. What you have achieved is nothing ordinary, but something big. The idea of EMI moving away from your sleep cycle should be celebrated.”
Another user said, “Right on bro, the stress and pressure gets unreal sometimes. Things you could have done otherwise keep making fun of you, I got a home loan of 85k, last 9.5k remaining, can’t wait for the day I clear my last EMI, looking forward to that day.”
A third person shared, “My 53L home loan started in 2022 and I’ve also paid off >50% on it with less than 6 years left. I plan to close it in the next 3 years. Feels really good to be out of obligation.”
(tags for translation) indian technician pays home loan in 6 years
