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Check income before availing a home loan

Check income before availing a home loan

Friday, November 3, 2017, 3:20 PM

Take a look at your income before availing a home-loan. If you avail too high a home-loan, you will struggle with home loan EMI's. This will stress your finances and might force you to default on loan. Also remember that you incur maintenance-charges, security fees and society fees, if you occupy your ready-to-move apartment and these fees are not covered in your home loan.
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