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 optimum salary to start house installment

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cy91
post Feb 28 2022, 11:50 PM

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QUOTE(nihility @ Feb 28 2022, 11:01 PM)
Too generic , however a quick check from the loan calculator shall be as following for 30 years tenure 👇

user posted image

Rule of thumb, the home loan instalment should be cap at 1/3 of your monthly salary .

Hence 1/3 = RM 2245, your monthly salary should be RM 6735.
*
6735 nett also means 8.1k salary.. If follow this rule of thumbs how many ppl can afford property

 

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