How to know your Budget to Buy your Dream House 🏡 | With Calculation Sheet

The top questions of every first time home buyer is - What should be your budget to buy a house? how much house can I afford ? In this video, I have discussed -
how to decide down payment amount for buying a house, both for ready to move in house and a under construction house
how to calculate your home loan eligibility to buy a house i.e. how much home loan you can get and
how to check your EMI affordability i.e. how much EMI you can pay.
Plus, tips while calculating your EMI affordability to help you make a better decision while buying a house
Hope this video helps you in finding your dream home.

Material to help you
Home loan EMI calculator : https://www.hdfc.com/home-loan-emi-ca...
Home loan eligibility calculator : https://www.bankbazaar.com/home-loan-...
Down payment and EMI affordability calculator: https://docs.google.com/spreadsheets/...

What is covered?
00:00 Introduction
01:45 Financial formula - 5/20/40 rule
04:12 Practical calculation
04:40 what to should be your down payment for a ready to move in house
11:28 what to should be your down payment for a under construction house
15:27 how to calculate home loan eligibility
18:48 how much EMI can you afford
26:23 Home buyer tips - for calculating EMI affordability
27:39 learning summary

About This Channel
Objective of this channel is to help young Indian know the unknown about buying a property in India

My mission is to educate young Indians about property buying process, starting from
1. How to find & buy your first house
2. How to invest in Indian real estate and make passive income
3. How to create wealth from real estate
4. Learnings for property buyers from real estate case studies

Who Am I?
A Realtor, Entrepreneur, Investor & Educator
I have worked with top developers of the country, have been an entrepreneur into Proptech space & a real estate investor for last 14 years
I want to share what I have learned to help you make a better informed decision based on awareness

You can reach me
Email: [email protected]
Whats app no: 9625111400

#howtobuyahouse #firsttimehomebuyer #firsthouse #howmuchhousecaniafford