Salary daalo, property price daalo — sab costs consider karke batayenge
⚠️ EMI ke UPAR yeh EXTRA costs hain — renters ko yeh nahi pata hota!
₹75L flat at 8.5% for 20yr → EMI ₹52K. But add society ₹3K + property tax ₹1K + insurance ₹500 + repairs ₹2K + utilities ₹1K = ₹7,500 EXTRA/mo! Minus rent saved (₹15K) → net impact different than just EMI. But registration (₹5.25L), furnishing, and moving costs are one-time shocks!
1️⃣ Home ≤ 5× annual income 2️⃣ 20%+ down 3️⃣ EMI ≤ 40% salary 4️⃣ EMI+running ≤ 50% salary 5️⃣ Total EMIs ≤ 50% 6️⃣ Emergency fund BEFORE buying 7️⃣ Post-home emergency covers new expenses 8️⃣ Down+registration from savings 9️⃣ SIP not cut 🔟 Positive cash flow after ALL costs