Just last month I took a job ,I get good salary of 9500/- but with this amount I need to look after my sons school expences and our house expences as well. Instead of taking house on rent I feel if I purchase house I can treat the instalments of loan just as my monthly rent which I would have paid and at one time this house would be mine some day . the type of house I am looking for are costing about 20 to 30 lakhs,so from where to arrange for loan as my job is new and I have no property or gaurantor to loan formalities . I am planning for another job also will I be able to work at two places or can you suggest me something where I really dont require to work and some type of investment or anything else would help me though my finance problem. I am very hard worker I just need guidence for my plans and some method to earn more money
2006-08-16 01:45:17 · 7 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
how much minimum installment will I be required to pay ,so that I try to increase my income accordingly
2006-08-16 16:42:23 · update #1
Shivangi, your current salary is too low for you to be able to buy a house worth 20 to 30 lacs !! You have to atleast double your income before you can apply for a loan of 15-20 lacs for 20 yrs! Also, you must have with you atleast 15% of the total cost of the flat ready as the bank will only finance about 85% of the total cost. Also, you need to work for atleast a few months before any loan can be taken. The only option you have right now is to try and get a job with a better salary, invest in a very good mutual fund with your spare money for 2-3 years and for now stay on rent. With time, you might be able to afford a place of your own but it's too soon right now !! All the best !
2006-08-16 02:44:59 · answer #1 · answered by Nisha 4 · 0⤊ 0⤋
i'm no longer constructive about Texas, yet in my state we've a first time shoppers application that does no longer require a down price, yet you do desire final prices of about $1200.00. The final prices might want to correctly be budgeted right into a pay plan over 9 months in case you do not have it up the front. yet another income for this methodology is in case you meet the income regulations you may also qualify for particular classes on funds and different financing factors and prices. Who to call, try calling a broking service or bypass right into a loan lending organization, they could be sensible you with lots of the classes or perhaps getting pre-qualified. I actually have my selection on a loan organization, yet i'm no longer constructive in the adventure that they are placed there or in case you want operating with a economic organization. good luck looking a house.
2016-11-25 20:39:48 · answer #2 · answered by rinaldo 4 · 0⤊ 0⤋
With a computer at home and internet connection,you can start earning from home,without any investment. You should choose your work at home job according to your skills and time available.
The simplest work at home job is answering phone calls for companies like WorkathomeAgent, Alpine Access, Liveops. You will need a quiet enviroment at home without any disturbance. To apply you will have to complete an online application form on the companies website . A list of companies with websites is available at
http://tinyurl.com/ze4lg
2006-08-17 14:37:29 · answer #3 · answered by Ranjita 4 · 0⤊ 0⤋
It seems u r in India. Join politics.U can earn without working like the politicians.
2006-08-16 01:53:36 · answer #4 · answered by J.SWAMY I ఇ జ స్వామి 7 · 0⤊ 0⤋
if u hard worker first make good salary
2006-08-16 01:52:02 · answer #5 · answered by prashant_kanpur 2 · 0⤊ 0⤋
it can be
if discussed
r u on line and fron agra
amit
2006-08-16 02:26:20 · answer #6 · answered by male 33 friend 1 · 0⤊ 0⤋
h/o
2006-08-16 02:01:55 · answer #7 · answered by Jordan 2 · 0⤊ 0⤋