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corleone74
post Jun 29 2015, 06:33 PM

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Senior Member
3,665 posts

Joined: Aug 2014
QUOTE(frequency @ Jun 29 2015, 05:40 PM)
mine 650k cost me RM1250 for valuation fee

http://loanstreet.com.my/calculator/home-l...cost-calculator

500k

Sale & Purchase Agreement Costs
SPA Legal Fees: 3950
SPA Stamp Duty:9000

Loan Documentation Costs
Loan Documentation Legal Fees: 3600
Loan Documentation Stamp Duty: 2250

U need about RM18~20k

usually u always need to have about + 15% cash of the prop purchase price .(10% deposit, 5% for the thisthat fee) .
The legal fee can be included into loan as well which u need check with the bank.
*
Note that the r loan amount is depend on valuation. So best is get the bank to confirm that the property price meets bank valuation before placing earnest deposit!


This post has been edited by corleone74: Jun 29 2015, 06:38 PM
corleone74
post Jun 29 2015, 09:34 PM

Look at all my stars!!
*******
Senior Member
3,665 posts

Joined: Aug 2014
QUOTE(max_cavalera @ Jun 29 2015, 08:58 PM)
What is stamp duty??

Tax towards gomen?

So high one
*
Stamp duty on memorandum of transfer., ya paid to gomen.

This post has been edited by corleone74: Jun 29 2015, 09:34 PM

 

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