Currently I have a 3 year car insurance of EMI 30k. Have already paid 17 months EMI. Still to pay 19 more months.
I will be applying for a home loan for 1 crore in next few weeks.
Will continuing car loan affect the how much loan I can go for? If yes, should I close my car loan by paying cash of 6.x lakhs, so that I can go for higher home loan?