Mine 80% got for loan repayment 😂

me toooo   

20% enough for other expenses?

if you want to gauge how many rich and poor pp in this forum, than your poll's question is make sense.

60% is affordable for high income but not low income.

i believe in work hard now relax later.. first few year is abit harder but at least at later age we can relax more.. if we dint give a go now with high commitments, then few years later our life will be more difficult..

This is a very subjective question, if your annual income is like Lim Kok Thay, then you can well afford to spend more than 60% of your income on a home loan, as the balance income (after minus the home loan) is still tens of millions, and a small fraction of this is sufficient for you to sustain your living expenses.

On the other hand, if you income is 2k a month, if you pay 60% for home loan, the balance income is hardly sufficient to sustain a living.

In any event, please note that Bank Negara only allows around 30%-40% of one's income for payment of home loan, so even if you wish to use 60% of your income to pay your home loan, no bank will agree to this.

imno,
everyone have to anticipate adverse future such as retrenchment, losing ability to work (touch wood) and etc.
don't say 60%, 50% also considered risky as putting own-self in the edge of cliff already; especially in current malai bole land economy/market which is bleak like Death Metal music.

FAMA fund leh 😂

Hahahhaa his life is my dream

You'll be surprised.. my banker told me he dealt with many 20+ years old kids.. but buy 800k house... FAMA got alot of FD .. Got some case they actually put in 70-80% or more of the loan amount into flexi account, and pay monthly instalment just ngam ngam 3 years to escape from lock in period

Duit bapa boleh la haha

My house is 36% and car is 14% of my nett income (both acquire this year) Young and single, but also dont dare to press the pedal too hard

whats wrong with an 20+yr old buying 800k property on their own? jeli?

+1. i know under 25 yr olds with 1.5mil+ portftolio all on their own. not everyone depend on fama la   

But my friends and I myself, managed to secure up to 70% of loan to our net income. It is kind of odd, I am kind of worried too whether should go for it or not. Apparently banks are still approving loan installment of 60-70% of income.
You are right, even the most stable job also can crumble down. Everything comes with a risk. What about you? Do you put 50% and less of your net income into housing loan?

Don't talk cock laaaaa monthly income 3k FD 500k zzzz

Some bizmen able to do above mof 100%

+1. i know under 25 yr olds with 1.5mil+ portftolio all on their own. not everyone depend on fama la   

Really got this kind of person..parent left one house and 500k cash for her but income only 3k

whats wrong with an 20+yr old buying 800k property on their own? jeli?

Good job bro,   
Nowadays not easy to press below 50% considering the fact that salary has been stagnating and house prices go up like crazy.

Yeah salary stagnating +1
Lucky for me paying 11% (progressive int.) only out of the 36% at the monent.

In the past 4 month, i spend over 100% of my income. FML.

Yea, still manageable. Still got roughly 2.5 years ahead before paying full amount right? I opt for 100% full installment payment straight away. Sakit..
Spent on mortgage?