hi. quick question. for undercon, a lot of them do not require downpayment. but if i want to reduce the payment, can i still give a downpayment?

example. house price 800k. due to HOC n freebies, no need to pay 10% depo. but since i have some cash, is it possible for me to lump let say 150k initially? will banks allow that?

hi. i don't have any house, but i am planning to get one. however I'm a bit scared to get into commitment due to nature of work. I'm not a salary man, I'm a commission man. right now, on average my commission is around 13k per month. already 1 year like this however i do not know how long this will sustain. do i need to wait 1or 2 more years saving more money before i get a house? with current commission, i can buy a terrace house or semi d already but i don't want to be overconfident. please advise. thanks.

ok, let says average commission earned for 6 months is rm20k.
from this value, multiply it with 20% to give you value of your income. so it drop to rm4k.
then, let say bank only approve 60% of income as available fund to pay your loan, it drop to 2400.
2400*200 = 480k value property you can buy.

can anyone share their view on this very strict loan approval method? is it true?

https://www.majalahlabur.com/kewangan/pembi...a-dan-usahawan/