So, hows Budget 2008 affect housing sales?
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 Sep 7 2007, 09:52 PM, updated 19y ago
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#1
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Senior Member
1,570 posts Joined: Nov 2005 
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Well, it is announced that the money Account 2 can be used to pay monthly installments. But say I earn 3K per month, how much money is actually going into my Account 2 every month?
Usually, nowdays S&P and legal fees are borne by the developer. Any guarantee the developer gonna pass down the stamping fees' saving to purchasers? |
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Sep 9 2007, 07:25 PM
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#2
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Senior Member
1,570 posts Joined: Nov 2005
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QUOTE(guanteik @ Sep 9 2007, 02:55 PM) monthly EPF withdrawl will ease your monthly loan payment. E.g. RM200 from monthly EPF will help you on your RM1000 per month installment. Instead of paying RM1000 like normal, you pay RM800 + RM200 from ur EPF. Agree. Yearly will tend to decrease the principle sum of your total loan..  Monthly EPF withdrawal will help in the monthly loan repayment. Any idea when this system will/would be implemented? |
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Sep 17 2007, 07:21 PM
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#3
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Senior Member
1,570 posts Joined: Nov 2005
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EPF installment plan is a leverage. How you want to use it it's up to you. |
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