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Like your home loan, you must also prepare a budget for your down payment. Besides paying the down payment, you will also have to pay the home loan EMIs every month. Moreover, other expenses include utility bills, house repairs, children’s education, medical emergencies, etc. If you plan to purchase property in Nerul Navi Mumbai or any other part of the city, a proper budget and expenditure plan will give you a fair idea of your resources. It will enable you to manage your down payment and other expenses seamlessly.