Hi all -

im basically trying to get a house, getting married soon. the problem is i've been less frugal this few years wit my savings and now dont have enough money for the DP.

thinking out loud -

i earn approx 10k gross ( about 7.9k nett) and am now starting to save.

has anyone ventured into the idea of getting bank loans to cover the cost of DP and stretching that loan up to 60 months? i currently have about 20k in my account b and am thinking of getting another 20 from a bank loan for Rm 20k. Which would put me in a position to buy a house / appt for about 40k.


loan payment period is approx 60 months with monthly deduction of rm 541



need someone to advise me if this is right or wrong option?