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bhaiyo jara socho
by vidyasagar vairat on Feb 06, 2008 06:04 PM   Permalink | Hide replies

aap log Home loan milata hai to 40 lakh ke home le rahe ho....
if there is slow down in our economy then is it possible to pay the 40K installament each month???

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  RE:bhaiyo jara socho
by Abhay T on Feb 06, 2008 06:31 PM   Permalink
If anyone thinks, that's the possible risk....tehn save as much as you could now and pay back as much principal amount as possible....Earlier you repay, it reduces burden in future! Also, make sure u have enough balance in case of temporary job loss!Easy to say! But there is no alternative to cutting expenses and savings!

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  RE:bhaiyo jara socho
by rajinder sharma on Feb 06, 2008 06:30 PM   Permalink
not possible...even wen the interest rates go down....the difference is marginal

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The above message is part of the Discussion Board:
Subprime pain: Who lost how much