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Re: Can i buy a house
by Ashwin Rath on Mar 18, 2009 05:41 PM

for a house worth 40L you need to pay up 15 % atleast as down payment. That works out to 6L. The remaining 34 L would have to be paid by Loan. For 34L loan, you need to pay around 34000 per month for the coming 20 years (assuming 8.5% interest).
I donot think you are prepared.

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Too young to take a home loan?