Sorry I'm nob
I am not good in calculation and interest rate.
Take this example. Let say I have only 60k extra to buy a cheap flat.
The flat I'm interested is 70k. Are there maximum percentage a buyer can pay DP?
Can I pay 60k and loan 10k?

If this is possible, can a housewife be eligible to pay such loan with a guarantor name?

Generally, for banks's pov, no income, no loan.

Banks only give loan when one showed ability to repay the loan.

The ability to pay loan every month?
--> Consistently have income every month.

If RM60K is all you have in this life then you will never be able to get any loan from financiers and what the hell is "DP"? You called yourself a n00b so at least have the decency of not using abbreviations.

I assumed by "DP" you meant, "deposit" and the answer to your question is, there is no maximum limit to how much your deposit can be during execution of the formal sale and purchase agreement. You can even pay RM69,999.99 as deposit and pay the RM0.01 3 months later.

Generally, financiers will not reject any loan applications unless the borrowers are not eligible but sometimes when your loan amount is too insignificant, they would rather reject it entirely without giving reasons. So, i doubt you will be able to find any financiers who are willing to grant you a loan that small.

A housewife can be eligible to be granted a loan by a financier if there is a guarantor BUT what is the point of doing that? Might as well be the guarantor stand in as the guarantor for the loan granted to the purchasers.

Thank you for the answers.