Sir, I'm working in a MNC since 2002 and earning 5,00,000/- (Gross) my wife was working in a pvt. Ltd company, after having a baby she decided to quit her job for some time ( one or two year). I'm getting 30,000/- per month in my hand. we are living in rental house, rent, Loan (which I've taken for my sister's marriage), house running expenses, baby's expenses and all I can't save even one thousand Rupees. ( But apart from that we have LIC policy of 64000/- and PF Rupees 27,000/- per year)
In Delhi property prices are shooting up everyday. We have a dream of buying a house, but I don't have any savings for down payment, we fount a house in NCR. It's coast 2,7,00,000/ and possession will be November 2006. is there any bank that offer EMI after possession? my loan will be over by that time and we can save 7,000/- rent also. I will be able to pay EMI as 20,000/-per month.
RE:Home Loan
by Arun on Jan 23, 2006 10:04 PM Permalink
for this you may contact State bank as they have a facility to add the future rental income to the Loan amount and also you can pay the EMI after Nov 2006.i.e after your project is completed. let me know if you need any more info. I have done a lot of research on this to get this infos... thank you. SR
