We have taken 21lac of home loan at 8.5%. and every month 21000 deducted from my father bank account which I'm responsible for paying that amount.
Just wanted to know, I am paying already 21k in home loan, and I'm earning around 50k.
I am running my new business which requires capital every month of 50k. So I'm very confused
1. should I make my main focus to remove total loan debt and pay faster with bigger amount.
2. And how to arrange money for business purpose. I'm scared of taking another loan.
Please advice
Just wanted to know, I am paying already 21k in home loan, and I'm earning around 50k.
I am running my new business which requires capital every month of 50k. So I'm very confused
1. should I make my main focus to remove total loan debt and pay faster with bigger amount.
2. And how to arrange money for business purpose. I'm scared of taking another loan.
Please advice
