Hi All,

I'm planning to purchase a sub-sale properties (RM330k) soon,

This is my situation,

1) Im 25 years old. Married.
2) My basic salary is RM4,500.00/month. Fix allowance RM500.00. Incentive & Claim average RM1,000.00/month
3) My wife basic salary is RM2,700.00/month.
4) I have no credit commitment at all. Car is cash, no credit card, no personal loan, nothing.
5) My wife got personal loan RM370.00/month and car RM600.00/month

The problem is, we dont have enough cash for 10% down payment. Our EPF account 2 is just around RM3k.

I was thinking to make a personal loan of RM30,000.00 for the down payment and all the fees.

Is that a good idea?

If anyone can guide me, I would greatly appreciated.

Thank You

is there any way to apply for My First Home Scheme? Does your bank provide this package?