2 months ago
20
Need input connected offsetting location loan
I americium presently investing a immense sum (relatively speaking) of astir 1.1 CR (including 10L~ interior cost) successful 1 of the premier locations of Pune (Viman Nagar).
I person already paid 16L for the Agreement, SDR and GST. I person got a authorisation of astir 70L.
My archetypal disbursement would beryllium successful September. This is my fiscal concern arsenic disconnected now-
Total savings I person currently- 13 L (Gold), 14.5L (Cash). My archetypal request draught to beryllium paid successful september is astir 70L, of which 16L has already been paid. Till the clip my level is handed implicit to maine I would request to wage remaining 30L and 10L interior cost. I would beryllium utilizing the 27.5L I person presently to alteration the indebtedness amount, which thereby results to a indebtedness of 54-27.5= 26.5L.
Now my woman is presently successful 9th period of gestation and we person a 2nd car astatine location (arriving this week-Fronx Delta+). For the adjacent 2 years from now, I would person constricted usage of the car. I enactment from home, and my woman would beryllium moving from location for the adjacent 7 months atleast. I would beryllium capable to usage the Fronx till my level is acceptable and I determination retired (sometime adjacent twelvemonth October-November 2025).
My existent program is to merchantability my Seltos GT Line DCT (Getting offers uptil 20L) and usage the aforesaid to pre wage the loan. I could usage the Fronx for the adjacent twelvemonth until I determination out. When I determination out, I would beryllium buying a tiny hatch/sedan till I repay the remaining indebtedness (26.5-20=6.5 + 40L worthy EMI/direct outgo to builder for the adjacent year). I mightiness request to usage this tiny hatch for further 1.5 years until each the indebtedness outgo is completed + prevention up for different 10 months to bargain a Seltos/equivalent car again. I tin spend an EMI of 2.43L arsenic of now.
Does this marque sense? I americium 30 presently and looking retired for invaluable proposal the forum members would have. Do fto maine cognize if I americium missing thing truthful that I tin amended offset this indebtedness amount.
