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How should I financially prepare before buying a home?
Save 20-25% down payment (banks finance only 75-80%). Keep 3-5% extra for registration, stamp duty, and interiors. Ensure EMI does not exceed 30-35% of take-home pay. Clear all high-interest debt (credit cards, personal loans) before taking a home loan. Keep 6-month EMI as emergency buffer separately.
Financial Planning

