Am I Ready to Buy a House?

Stable income for at least 2 years (job or business)

Down payment (≥ 20% of property cost) ready

Separate emergency fund of 6 months expenses

Apart from down payment

FOIR (existing EMIs ÷ income) below 40%

Plan to stay in this city for 7+ years

Credit score above 750

Term life + health insurance in place

Stamp duty + registration money set aside (~7%)

Comfortable with EMI even if interest rate rises 2%