Livemint

Buying a 1 crore house? Here's the monthly salary you need to afford the home loan EMI comfortably

Planning to buy a 1 crore house? An 80 lakh home loan at 8% interest over 20 years means an EMI of around 66,900 a month. Check the monthly salary you need, how loan tenure affects repayments and how to avoid stretching your finances while buying a home.