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 Would you spend over 60% of your income?, For home loan

Would you spend over 60% of your income for home loan?
 
Yes [ 52 ] ** [53.61%]
No [ 45 ] ** [46.39%]
Total Votes: 97
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IVL
post Apr 12 2017, 10:04 PM

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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
IVL
post Apr 12 2017, 10:45 PM

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Junior Member
372 posts

Joined: Nov 2012


QUOTE(Michaelbyz23 @ Apr 12 2017, 10:06 PM)
Good job bro,  thumbup.gif 
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.
IVL
post Apr 12 2017, 10:55 PM

Casual
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Junior Member
372 posts

Joined: Nov 2012


QUOTE(Michaelbyz23 @ Apr 12 2017, 10:53 PM)
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?
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Around there, 2-2.5yrs more to VP i reckon.
Good for you to reduce on interest amount.

 

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