Now that you have a home loan in kitty, you need to become a financial disciplinarian. EMIs are not scary but they are a responsibility that you need to consider seriously enough to plan the way you handle money and also plan your expenses. When taking a home loan, affordability and flexibility are primary concerns. However, once you sign on the dotted line of a loan agreement, there is no looking back. The only way is forward and knowing a few tricks or tips here and there will help you handle home loan like a pro.
Make use of home loan calculators and expenses log applications to track how much EMI you can comfortably bear at the most stretched rate. Plan a home loan by checking up plans on home loans online. Once you are aware of your home loan eligibility, calculate an estimated EMI using the relevant home loan eligibility.