Financial Considerations for Salaried Homebuyers !
Your financial condition including ‘eligibility’ to get a home loan
High income and low age are favorable things for a home loan borrower.
Dual income help increase your home loan amount
Ability to make an initial down payment
Home buying options you may choose if you are financially well-off
If you have more money with you, your initial down payment can be high (more than 30%),
Tenure of home loan linked to your age
Younger age helps you get higher tenures. Older age, beyond 40 makes it difficult to get you high tenures, and the tenures tend to become shorter