Income
₹1.2L
Monthly salary
Loans
₹57,954
48.3% of income
Saving
₹24,196
Chit + SIP + buffer
Spent
₹0
of ₹23,796 budget
Spent: ₹0
Left: ₹23,796
📋 Fixed Monthly Commitments
Home Loan EMI
BOB Auto-debit
₹47,600
Personal Loan EMI
BOB Auto-debit
₹5,354
Gold Loan Interest
BOB Manual
₹5,000
Insurance (all 3)
UCO Bank
₹7,250
Chit + SIP
HDFC Auto-debit
₹19,000
⚠️ TOTAL LOAN BURDEN
₹57,954 /month
48.3% of income · Target: below 40%
🥇 Gold Loan
BOB · Close FIRST
Outstanding: ₹5,50,000
Rate: ~10.9% p.a.
💡 Use every chit payout to reduce principal. Each ₹50,000 saves ~₹500/month interest.
💳 Personal Loan
BOB · 300 EMIs left
Remaining: 300 EMIs (25 yrs)
Total left: ₹16.06L
⚠️ Ask BOB for foreclosure charges. Prepay after gold loan closes.
🏠 Home Loan
BOB · Largest EMI
Bank: BOB
Auto-debit: Yes ✅
🏠 Asset builder. Focus on gold + personal loans first.
Monthly Savings Total
₹24,196
Chit ₹15,000 + SIP ₹4,000 + Buffer ₹5,196
📈 SIP Projection (12% CAGR)
🚀 SIP ₹12,000/month after loans close → ₹1.2 Crore in 20 years
🗺️ Wealth Roadmap
🔴
Phase 1 · Now → 18 months
Destroy Gold Loan using chit payouts. Free ₹5,000/month.
🟡
Phase 2 · Month 18–30
Prepay Personal Loan. Cut 300 EMIs to under 100.
🟢
Phase 3 · Month 30+
Boost SIP to ₹12,000–15,000/month. Build ₹1 Crore.