Buying a House

R Bajaj (Querist) 10 August 2009 This query is : Resolved
Dear Sir,
I would like to know that is it better to buy a house with one's terminal benifits or seek an appropriate bank loan under following constraints:

Terminal Benifits 50 Lakhs
House cost 47 Lakhs
Individual in 30% tax bracket and will continue to be so for next 4 years.

Regards

Bajaj

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