u/BeingSarcastic007

I’m 31 currently and planning to get married next year. Deciding on purchasing a 3BHK in Tier 2 city at 1.28cr. We had one home in our village but just sold it off recently and currently living in a rented house in the same city in which I’m looking to buy the flat.

I’m at 1.9LPM with an existing car loan which still has 4 years of EMI to pay.

Planning a loan of 95 lakhs with 20 years. EMI around 75k. Car loan EMI is 25k.

Does this make sense or am I entering a riskier territory? Just want perspectives since this will be my first and only own home.l