Loading..
Use this 5-20-30-50 thumb rule to organize your finance, so that you won't be in vain at the time of repayment.
* The house value should not exceed 5 times of your annual income.
* The loan tenure should not exceed 20 Years.
* Home loan EMI should not exceed 30% of your monthly income.
* Total EMI including your Home, Car and other EMI 50% of your annual or monthly income.
