Is it a good decision to take 30-40lac loan at age 26?

I want to buy a house costing around 50-60lac. I am 26 year old. Earning around 1.5L per month. Is it a right decision for me to go with 30-40lac loan for 20yrs? If not, how I plan this goal?

9mo ago

PerkyLlama

IBM

9mo

Is it for yourself or your parents? Are you going to stay in the same house?

ZestyCupcake

Globant

9mo

Yes, for me and my parents. But if i change the company I alone might have to relocate to office location preferably Pune. Right now working from home.