Been lucky enough to purchase a new house yet? Or fond of Interior Designing? This place might help you with these issues, Reading a few articles will certainly help you make your home sweet home a much better place to live.
by Rahul 20 Apr 2008, 23:43

There is no point in searching for the house of your dreams if you cannot afford to live there, you must also think about whether you have enough cash flow to support your lifestyle, after you have paid for the property.

Do not stretch yourself and take a personal loan to fund the down payment towards the property. This will only increase your risk exposure. Ensure that you can naturally afford the down payment through your savings. Additionally, don't stretch your budget to get a more expensive home because that will mean stretching your EMI payments. Remember to keep your EMI manageable so that you can continue to afford the lifestyle you are accustomed.