Home Loan vs. Own Money: Which is Better for Buying Property?

• Deciding between a home loan and using savings for property purchase involves weighing debt-free living against financial flexibility.
• Using own funds avoids interest payments and EMIs, offering peace of mind but locking up significant capital.
• Home loans provide liquidity for emergencies and other investments, along with potential tax benefits.
• However, loans are long-term commitments with risks like rising interest rates and income uncertainty.
• A balanced approach often involves a substantial down payment to reduce loan size while retaining emergency savings.