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Is my plan of buying a house a good one ? Can someone review ?

Hi

I have like around 5 lakhs of debt on me which are mostly personal loan and other EMI’s which i am paying regularly without fail. now i am planing to go for buying  a house. can u suggest me reg this plan, is it good time to buy. it will take around 2 years to close all the emis at present rate.

the personal loan i have taken for 4 lakhs , out which i gave 2 lakhs for my friend , which now seems not recoverable, so i have to bear with it.

my take home is around 60k per month and ctc is around 10lakhs per year along with the bonuses.

 

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