Hi All, I would like to have expert opinion on what to choose when it comes to bank loan. We have finalized on LIC Housing finance and they have 2 types of loans that they are offering us. 1. Floating -9.25% current rate. Total Tenure: 15 yrs 2. Fixed time fixed interest - 10.15% for 5 yrs and floating for the rest of the tenure(10 yrs) We are not able to decide on which one is better. We expect to pre close 75% of the loan amount in 5 yrs and possibly restructure the loan(loan tenure remaining the same) when we do that. Which of the above mentioned is better given our situation.