Planning to buy your dream house? In this video, we provide a step-by-step financial plan to help you prepare for this major life goal without straining your finances. From calculating your budget to saving for a down payment and optimizing your home loan, we’ve covered it all!
What You'll Learn in This Video:
1️⃣ Assess Your Budget: Learn how to determine the total cost of your house, including hidden charges.
2️⃣ Save for a Down Payment: Discover strategies to save 20% of the property value while maintaining financial flexibility.
3️⃣ Check Loan Eligibility: Tips to maximize your home loan approval with minimal stress.
4️⃣ Build an Emergency Fund: Why it’s essential to secure 6–12 months of expenses before committing to a home loan.
5️⃣ Improve Your Credit Score: Hacks to get the best interest rates.
6️⃣ Plan Loan Tenure & EMI: Find the right balance between EMI affordability and interest costs.
7️⃣ Account for Hidden Costs: Taxes, furnishing, and maintenance expenses you need to prepare for.
8️⃣ Leverage Tax Benefits: Save on taxes with home loan-related deductions.
🔑 Pro Tip: Follow the 3-20-33 rule for a balanced and stress-free home-buying journey!
💡 Whether you’re planning to buy your first home or upgrade to a bigger one, this video provides actionable insights to help you achieve your goal with ease.
👉 Don’t forget to like, comment, and subscribe for more personal finance and investment tips!
Home Loan Series : https://www.youtube.com/playlist?list=PLqmvdsjvfB4xQIUx5AueJP-JP12gL1uew
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