How to invest to buy a House

Hi experts, If i can save 50k-75k per month and have 5 lacs in savings. How can i invest to buy a house worth 1 crore after 2 years?

7mo ago

PerkySushi

Oracle

7mo

You need to make your corpus 15-30L for down-payment. Considering 60k p.m you'll be able to get 14-15L, so you should be good. And put everything in arbitrage fund to get 7% p.a. and book profits of upto 1.25L tax free and reinvest after 1y.

But even after that you'll have a hefty EMI, calculate that online using 80L loan and 8-9% interest.

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