Ans: Evaluating Your Financial predicament Income and Savings Their combined monthly take-household income is actually Rs
Mutual http://www.elitecashadvance.com/payday-loans-ga/jacksonville Financing: Rs. 85 lakhs Public Provident Financing (PPF): Rs. 18 lakhs Employees' Provident Funds (EPF): Rs. 32 lakhs Most other Opportunities (FD, Offers, Shares): Rs. 25 lakhs Your own month-to-month discounts delivery can be as follows:
Drink when you look at the Mutual Loans: Rs. 75,000 PPF: Rs. 18,000 EPF: Rs. twenty-five,000 You live in a rented house or apartment with a rent out-of Rs. fourteen,000 monthly.
Contrasting the decision to Purchase another Flat Newest Housing Situation Staying in a leased house in the Rs. 14,000 four weeks is relatively reasonable, specifically offered their large monthly money. Renting will bring flexibility and lower maintenance costs compared to the running.
Comparative Data: Book against. Purchase Renting: Has the benefit of independency, straight down initial will cost you, and stops enough time-name obligations.