Hi
I am planning for joint home loan with the spouse (she is a co-owner). We have signed the agrement process and checked with the bank and we are eligible for the total home loan. My query are as below
1. As we are planning for home loan we want to take 70:30 ratio. So we will get proper income tax benifits. As my wife is co-owner and there is not share ratio is mentioned. While optiming for home loan can we get the loan ration as 70:30?
Regards
Donald Dsouza