At what monthly take away you guys took a home loan? Also, does the home loan includes cost of the plot?

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I took my home loan at a monthly takeaway of 1.15 L. However, it doesn't really matter as I could have taken a loan even when I was earning 60k, if I would have found the right property then.

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My monthly takeaway is 1.32 and loan emi is 40K. Negotiated hard during flat sale and also taken loan for 30 yrs to reduce emi and increase pre-payment chance.

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My take home was about 1.2 lpa while the emi was 72k. My loan didn't include the cost of the plot as i bought a ready to move builder floor.

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Thanks M1, I need to plan accordingly then

How much should one pay for a good 2 bhk in bangalore- properties are mostly on outskirts with bad connectivity and infra beyond the society

EMI contribution should be less than 35% of take home salary to avoid any undue financial stress.

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