Oct 23 2011, 04:52 PM
QUOTE(Faint @ Oct 23 2011, 04:49 PM)
Interest rate 3%, loan 100k and 9 years.
Interest for 9 years = 3k x 9 years = 27k
127k( 27 + 100) / 9 years / 12 months = 1.2k installment each month.
1.2k + petrol one month might b 1.5-1.6k.
Depend on where u're working and married status. Use ur current monthly salary deduct 1.6k then you will know whether you can afford to buy 100k onot.
dont forget the insurance and road tax annually and maintenance will cost u how much Interest for 9 years = 3k x 9 years = 27k
127k( 27 + 100) / 9 years / 12 months = 1.2k installment each month.
1.2k + petrol one month might b 1.5-1.6k.
Depend on where u're working and married status. Use ur current monthly salary deduct 1.6k then you will know whether you can afford to buy 100k onot.
This post has been edited by megahertz: Oct 23 2011, 04:53 PM
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