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Home Buying Rule

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The recommended '5-20-40' rule for home buying suggests that the house cost should not exceed 5x annual income, loan tenure should be max 20 years, and EMI should be max 40% of total income.
"the cost of your house should not be more than five times of your annual income right. ... if you ar..."
CA Rachana Phadke Ranade CA Rachana Phad...
Aug 13, 2022
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When Should You Buy ...