Buying a ₹1 crore house? Here's the monthly salary you need to afford the home loan EMI comfortably
Planning to buy a ₹1 crore house? An ₹80 lakh home loan at 8% interest over 20 years means an EMI of around ₹66,900 a month. Check the monthly salary you need, how loan tenure affects repayments and how to avoid stretching your finances while buying a home.
Attribution
This digest is published with acknowledgment to LiveMint — Money. For the complete analysis, headnotes, and citations, please refer to the source.
Read on LiveMint — Money