ilmscore | BUYING a 50L HOUSE Without a LOAN - Is This POSSIBLE?! | Money Matters Ep. 64 | Ankur Warikoo Hindi

BUYING a 50L HOUSE Without a LOAN - Is This POSSIBLE?! | Money Matters Ep. 64 | Ankur Warikoo Hindi

Published: 2025-06-04
Status: Analyzed

Predictions from this Video

Total: 8
Correct: 1
Incorrect: 0
Pending: 7
Prediction
Topic
Status
The first personal loan is predicted to be paid off next month using community investment funds.
"Next month you will receive ₹1 lakh of community investment. You can close your first personal loan completely with it."
Personal Loans Repayment
Correct
The second personal loan is predicted to be cleared within five months from the time of the statement.
"And in approximately five months you will be able to clear the second personal loan also."
Personal Loans Repayment
Pending
By the end of the current year, both personal loans are projected to be cleared, resulting in a significant monthly surplus for the individual.
"by approximately the end of this year, both your personal loans would have been cleared. And now you will have ₹2700 as access. ₹1700 which is saved today for your ₹5000 community investments and approximately ₹5000 EMI of your two personal loans. So you will be in a really good spot at the end of this year itself."
Financial Situation
Pending
The target house is projected to be worth approximately ₹35 lakh in 15 years.
"After 15 years this house will be worth around Rs 35 lakh."
House Purchase
Pending
In five years, the individual's investments are projected to reach ₹15 lakh, and the target house will be valued at ₹35 lakh, requiring a ₹20 lakh loan.
"this means in five years alone from today you will essentially have 15 lakhs of your own investment and the house will be ₹35 lakhs. So you will have to take a loan of around ₹20 lakh."
House Purchase
Pending
Within 10 years, investments are projected to grow to approximately ₹53 lakh, allowing for the purchase of a dream home valued at ₹50 lakh without any loan.
"if you wait for 10 years this house will become worth around 50 lakh from 25 lakh so to now at 7% growth rate your investments including the LIC of ₹ lakh which will give you 9 lakh after 9 years the value of your investments after 10 years will be approximately 52 lakh 96000 which means technically if these numbers hold then within 10 years you can buy your dream home cash down without any loan."
House Purchase
Pending
Waiting 15 years for a house purchase would allow buying a ₹70 lakh house with ₹1.3 crore in investments, leaving a significant surplus.
"If you have waited 15 years. And of course I will not wait for you. I think the age of 35 to 40 years is a perfect time to buy a house. I also bought it at the age of 40. That's what I would recommend to everybody. But let's say if you were to wait for 15 years. This is your investment of ₹2000 and then ₹3000. This will be of Rs 1.3 crore value. The house which is worth ₹25 lakhs today will be worth approximately ₹70 lakhs. This means if you wait for 15 years, you can buy that house for ₹0 lakh and even after buying it, you will still have ₹ lakh in your bank account."
House Purchase
Pending
The proposed financial plan is expected to ensure the individual's financial security for the remainder of their life.
"And that will ensure you are financially secure for the rest of your life."
Future Financial Security
Pending