I’m 27 and want to buy a house in 2 years worth ₹50 lakhs. I can save ₹25,000/month. Is this realistic?
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A 20% downpayment = ₹10 lakh. Saving ₹25,000/month for 2 years gives ₹6 lakh. You’ll need to invest part of this in short-term debt funds or recurring deposits. Consider a step-up EMI plan or delay by a year for better affordability. Don’t drain all savings — keep a cushion for post-purchase expenses.
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