BUYING A HOUSE IN 2024-2025 #realestate #kokapet #profit #income #money #firsttimehomebuyer #nri

Buying a Home in 2024-2025

For example, if you earn ₹78,750 per month, you should be looking at a home worth around ₹50 lakh. You'll need a 10% down payment, which is 5 lakh, and take a loan for the remaining 45 lakh. Your monthly EMI would be around 39,375, which is about 50% of your income.

Tip: Consider 50% of your monthly income for the EMI to stay financially comfortable!

The above calculations are made considering 50% as EMI with a 10% down payment, based on current average interest rates of 8.3-8.5%.

Which home price fits your budget? Let me know in the comments.

Contact details:
Kumarji
Akshara NRI realtors
📞[phone]

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