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 Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)

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InItToDriveIt
post May 10 2015, 03:06 PM

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If there is a property bought at RM500,000, down 10%, RM450,000 loan 30 years tenure 4+%, and sold 4 years later at RM850,000:

1. What is the nett amount that the owner will get?
2. How is the calculation derived?
3. Is there any online calculator that deals with the profit calculation

This thread and other online property websites do not address this question...

This post has been edited by InItToDriveIt: May 10 2015, 03:07 PM

 

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