When to buy your first home?

- Having a home is human’s basic need and we keep dreaming of having a home of our desire. We strive for it and it is very emotional decision for many people. But we need to remember one rule while buying our ”Sweet Home”

- Simple rule to go for it is – 10 / 20 / 30

  • 10 = You should have 10% of your salary as a contingency fund
  • 20 = Max Repayment Tenure should be 20 years.
  • 30 = You should be able to allot MAX 30% of your salary towards the HOME loan EMI.

    • Enlightenment –
    These rules helps an individual to manage his / her fix expenses and also have some head room for other investment instruments.