Dear Sir,
My net salary is Rs. 40500.I want to purchase a new flat in navi mumbai ,cost is Rs.22 lacs.I want to take home loan of Rs 15 lacs from SBI or HUDCO under 1% subsidy scheme .And i want 5 lacs LAP .Can i get loan against existing property (LAP)at dombivali for margin amount payment and home loan for purchase of new flat.
If yes tell me the emi distribution for both loans.
If i cant get loan against property for margin amount payment Then is it ok to show the LAP is for other use like renovation of flat,etc.
Please suggest me.
Thanking You.
Vijay Ghadge
9594005495