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Is the below sentence is correct?

"This home loan which I was paying is closed now. It was closed on 31st Aug 2015. I am no more paying EMIs for it now."

In above sentence "It was closed on 31st Aug 2015" is correct to use?

Does it have two meanings?

a) It was closed on 31st Aug 2015 (Status)
b) It was closed by me on 31st Aug 2015 (Passive Voice)

Please Help.

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  • I'd write: I was paying is paid off...
    – Maulik V
    Commented Oct 15, 2015 at 9:32

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It was closed on 31st Aug 2015 by itself is fine. It indicates past and the verb is used correctly. But in your paragraph, it seems verbose.

I would suggest an addition of "Hence," before your next sentence, remove the last now, and rework the first part of your paragraph:

"This home loan which I was paying until recently was closed on 31st Aug 2015. Hence, I am no longer paying EMIs for it."

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