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Discount, d/p & epf, How does it works?
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kueks
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Apr 8 2018, 07:49 PM
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since there is a thread here already
would like to ask on the purchase price / bank loan
agent show me calculation whereby
purchase price - 500,000 car park - 50,000 -------------------- total purchase price - 550,000 --------------------
10% upon SPA - 55,000 8% rebate on unit only - 40,000 balance to pay - 15,000
Nett purchase price - 510,000
when i get bank loan it will be based on 510,000 right? and not 550,000
if 550,000, then the extra 40,000 for to be paid to developer ?? as downpayment 10%
sorry bit confused xD
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kueks
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Apr 8 2018, 08:50 PM
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QUOTE(WhitE LighteR @ Apr 8 2018, 08:28 PM) SPA will be based on 550,000 The 8% discount they considered it as "paid" already and u just need to cover whatever balance. No harm to contact the agent to clarify. In any case the amount requested in the loan will be stated out in the Offer Letter so basically is not a rebate, more like borrow loan to pay the 10 % downpayment in that case the price per sqft will be based on 550,000 cos agent used the nett purchase price to calculate the price per sqft is like RM 560 per sqft if calculate based on selling price, it will be RM 610 per sqft or that is not the way to count? xD
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