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Hi there,
Question related to Tax..
Can I distribute Principal amount of home loan under 80C between two People..
For example.. I Have principal amount of 2Lac.. and want to distribute it in 1.5 Lac & 50k between me and my Dad.. (my dad is co-owner in loan)
Can't find answer online so asking here.. if you find it... Link will be helpful.
Thanks
Accenture Tata Consultancy Deloitte EY PwC KPMG ZS Associates
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I put down 40%.
There isn't a recommended amount. It all depends on your personal situation and personal finances.
I’d try for a min of 10%. Rates seem to be better on mortgages. You can get mortgages for less than 10% but there’s less options available
why is it called home owning if the bank still owns it btw?
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It’s subliminal marketing 😅😂
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Is but-to-let worth it btw