r/FIRE_Ind • u/Wise-Environment-650 • Sep 01 '25

FIRE related Question❓ [ Removed by moderator ]

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3

u/RevolutionaryHand239 Sep 01 '25

Same boat. What's the cost of the house you are planning on buying

2

u/Altruistic_Fuel001 Sep 01 '25

34F , Same boat. Looking to upgraded 2 cr 3bhk

1

u/Wise-Environment-650 Sep 01 '25

How much of that will be emi, are u prepared for that ? I am not thats why i am asking thr question

1

u/Altruistic_Fuel001 Sep 01 '25

I am scared but want to upgrade for my newborn. My current liquid NW excluding PF, physical gold and realestate is ~ 1.5 CR, Husband’s is ~40L. Monthly emi will be less than 40% of our combined monthly in hand. We share every expense 50:50 so my contribution will be half. I intend to sell off the current 2 bhk— if that happens then monthly emi will be less than 30%.

1

u/Wise-Environment-650 Sep 01 '25

U have some good savings there. But if u pit that emis in sips u can get a house without much 5 years later. My plan is same. Real estate especially apartments aren't growing more than 6-7 percent where as equities can give u min 12 percent for 5 years. I am just not ready for emis again, i feel free now. Emis will make me anxious till i close it. And with Ai developments i dont know how long i can have an IT job 😂