Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 1.5 mil cash buy VS loan, why do ppl buy with cash?

views
     
TSArtlinenow
post Nov 16 2017, 01:06 AM, updated 9y ago

New Member
*
Newbie
15 posts

Joined: Oct 2016
hi

Heard my uncle (70 years old, whats his max loan tenure?) cash buy a property with 1.5 mil cash.
I remember its not worth buying with cash, even factored in discount received with cash buy, interested saved etc as money depreciate over and need to calculate inflation as well.
Any experts can explain in details with assumption?
Thanks!

This post has been edited by Artlinenow: Nov 16 2017, 01:07 AM

 

Change to:
| Lo-Fi Version
0.0180sec    0.59    6 queries    GZIP Disabled
Time is now: 9th December 2025 - 07:10 PM