Jul 15 2016, 10:33 AM
QUOTE(hwachong @ Jul 5 2016, 10:29 PM)
I will be purchasing a 1m property, and I have 1m cash on hand.
(A) Should I take loan, and put the excess cash in FD? If yes, how much loan should I take? Loan interest is at about 4.5%, and FD interest at 4%
(B) Pay with cash
Which is the better option?
Thank you.
It is very much depends on situations and individual.(A) Should I take loan, and put the excess cash in FD? If yes, how much loan should I take? Loan interest is at about 4.5%, and FD interest at 4%
(B) Pay with cash
Which is the better option?
Thank you.
Maybe you can review more info about yourself here to get a more reflective suggestion.
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