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 Property class in Kuala Lumpur?, Newbie here

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cyelanius
post Apr 4 2017, 10:54 PM

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Hi, i recently plan to buy a house. I have this important question : let say i cant afford to continue paying the housing loan in future, is it possible for me to sell the house to pay off the housing loan plus earning? My concern is my house will worth 500+k. Based on the monthly installment, the total of loan repayment will be 1mil. Does this mean i need to sell the house above 1 mil in order to cover the loan and earn the balance, if any?

 

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