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Investment LOAN approved - 60% from income?, different from one third? anyone?

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dRwh0
post Jul 8 2013, 09:54 AM

On my way
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Senior Member
573 posts

Joined: Sep 2012
From: Cyberjaya


Nett income/take home pay means what u get after epf and tax deduction..
dRwh0
post Jul 9 2013, 07:14 PM

On my way
****
Senior Member
573 posts

Joined: Sep 2012
From: Cyberjaya


QUOTE(SpeechLess11 @ Jul 9 2013, 06:51 PM)
hopefully government will come out with new policy to help first time buyer/ younger!

loan cap = lower and lower ( 60%)
property price = up and up ( average = 300k - 500k)

income 4k x 60% = 2400 - car loan 600 = 1800. mayb can get a low cost apartment with monthly installment 1800.

how to buy even pr1ma house.... icon_question.gif  icon_question.gif  icon_question.gif
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I thought pr1ma projects come with special financing agreement..and for 1.8k/mth u can get more than low cost apartment..pls dont exaggerate..😜..unless u plan for 5 yers loan for low cost apartment..

 

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