1 vote
I am 32 years old and my family includes my parents, my 29-year old wife and a 3-year old child. My monthly take home salary is around Rs 1 lakh. My monthly expenses are Rs 30,000. Apart from this, I pay equated monthly instalments (EMIs) towards my home loan (Rs 32,786), car loan (Rs 7,198) and education loan (Rs 5,000). While my home loan will get cleared in nine years, my car loan will wind up by December and the education loan by March.