Hi Uma Iam also facing the same question Found ur answers on the article really interesting But a small doubt. U told that "At an EMI of Rs 6,000, you should get a 10-year loan of around Rs 7,50,000 (at 8% per annum). " How could that be? Is it that i will get a loan for Rs 7.5 lakh at Rs6000 EMI for 10 years ?