I and my gf recently booked a condo unit with SPA price of RM761,000 and loan amount of RM684,000. Unfortunately, the bankers told us that as my business is too new for them to calculate the average income, only my gf can be the loan applicant and we have to fork out another RM137k in order for our application to stand a chance.

I have no problem paying the RM137k but my question here is whether it is worth doing so or not. This is our first house and we don't know much about these things.

Anyway, if I am okay with forking out the RM137k, do I need to make a one-time payment to the developer? Or it will be separated into several times based on the progress of the construction? If so, how will it likely be?

Thank you in advance.