Saturday, May 3, 2008

Know your EMI limits

Ideally, your yearly mortgage payments should not exceed more than 45 percent of your net annual salary. If you are taking a car loan or a consumer durable, the EMI should not be more than 25 percent of your net salary. At no point of time, should you liabilities-asset ratio exceed 50 percent.

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1 comments:

James said...

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