https://www.moneymoneyhome.my/qanuu



i think it doesnt make sense


how much house should i buy if my salary + wife salary only 10k gross？

sewa beli lo

wo bu zhi dao

just rent.

the bigger issue is

like pandemic manyak orang takde kerja how to pay the installment? many boss lelong their properties or housing to get loan... but siapo mau beli rumah mereka?

If life can be in comform zone for 35y or more..sudah cukurlah

Get 400k house enough liao

Persuade your waifu to move in stay with your parents.

Then use the money save to bring whole family go eat wind once in awhile to destress

Why many die2 want to buy house?

Rent also ok

Income 10k but what is ur other commitment ? What is the balance after deduct all monthly expenses ?

use a home loan calculator la wtf

let the bank work for you.

me: how much house should i buy if my salary + wife salary only 10k gross？

ChatGPT:
The amount of house you can afford to buy depends on several factors, including your income, expenses, debt, credit score, and down payment. As a general rule of thumb, many financial experts recommend that you should not spend more than 28% to 36% of your gross income on housing expenses, including mortgage payments, property taxes, insurance, and maintenance costs.

Assuming your gross income is $10,000 per month, your housing expenses should be no more than $2,800 to $3,600 per month. However, keep in mind that this is just a general guideline, and you should also take into account your other expenses and financial goals.

You should also consider the down payment required to purchase the house, as a larger down payment can help reduce your monthly mortgage payments and overall debt burden. Additionally, you should factor in any other debt obligations, such as car loans, student loans, or credit card debt, as these can affect your ability to afford a mortgage.

Overall, it's important to speak with a financial advisor or mortgage lender to determine how much house you can afford based on your unique financial situation.

I'm renting only.. and my rental is rm1300 monthly.

Housing loan max 40%
Car loan max 10%

This is what i practiced

Become slave to bank

ini kerja orang gila. 10k where can buy 700k property.

even if double income also having hard time

apa susah

salary 8k also can buy 1.5m house, if that is your ONLY commitment.

car, phone, everything else all mami/dadikasi

you hari2 makan roti saja mah

make sure CC spending at RM0.00 per month

your iphone 14 pro max pay 36m installment

your car make sure dont drive, dont pump petrol and dont service or do any unexpected repairs

just go get monthly RM50 rapidkl pass.

35 years with 3.1% is roughly 5.2k commitment, that is after 10% DP, opted for MRTA, and assuming you no take flexi.








if that is not your ONLY commitment, then please wake up. it will never happen unless you are earning a lot more than 8k.

cc patiencegnr shing3e doomsday

This post has been edited by mafioso: Mar 7 2023, 10:51 PM

270-280k enough can get double storey house

alexkos ikankering

ts must be coolstorywriter

follow dave ramsey rule:
To calculate how much house you can afford, use the 25% rule: Never spend more than 25% of your monthly take-home pay (after tax) on monthly mortgage payments. Following this rule keeps you safe from buying too much house and ending up house poor.

https://www.ramseysolutions.com/real-estate...%20house%20poor.

If 10K is take home pay means only can buy house where monthly commitment is 2.5K max. other factors depend on your downpayment etc that determines your monthly housing loan.

Going out of this rule means you will enjoy eat roti and become house poor.

200k small banglo

ikankaya

700k++ house means around 3.2k - 3.5k monthly repayment.

You ownself count la if your balance 5k enough to live or not.

Assuming 8.5k net la

Buy landed house is OK, but go buy condo is abit, no, ALOT fucking stupid. After 10-15, hell 20yrs, your building is basically trash, and you really reaaaalllly think condo nowadays or in the future will have buyers taking if off your hand when it comes the time to offload? Hah slowly wait lah, set below market value also hard to get potential buyers la

I see alot of crazy ppl income 5k buy 500k house …

Big house big reno big maintanenence

Rm10k ah, stay PPR only lah

Mortgage cap at 25% net take home, say 2200/pm. So work your math on dp you can dump, then prop entry price?

This post has been edited by jojolicia: Mar 7 2023, 11:44 PM

Last time I bought 500K house with 1 car loan somemore with combined income 4K++ haha ..

still alive now

Buy somewhere 400-500 la. No need to up so high creates burden

i dont see anything wrong, why?

Kegilaan apa lah Ini. 8500 a month sepatutnya hanya nampu beli Proton Persona je. Ni beli rumah dkt sejuta. Banyak org sekarang sudah gila

Wah sempat calculate

Gross income 10k but expenses 9k also can't afford shit la

Ask based on gross income quite stupid imo

currently we save average 2500 per month

commitment：
insurance 1000 until 80 years old or die
car loan 560 every month until year 2025
ptptn 420 every month until year 2028
parent allowance 1000
mobile 70
car petrol, toll etc 500
foods 1000

Over 500k house should have over 10k salary your own,if jia2 both you & waifu better get below 500k

If 20k income,. I 450k house also I think twice already.

Eat wind is a very Hokkien term

Eat wind is a very Hokkien term

Nowadays ppl don’t use that anymore

Kudos to both of you (wife included).

I see parents allowance👍 and your budget distribution is about right there dy👍

To increase income generation is the focus. Slowly, do not overstress yourself, keep a clear mind and your priorities right.

This post has been edited by jojolicia: Mar 8 2023, 08:00 AM

So 10k = 450k homes

/Ktards avg 20k at most can afford 900k homes lah

150k studio KL got?

Tou can take risks on car because you wont loose much if something goes wrong and you have to sell it off or the bank takes it away. Of course this is not smart I’m just saying that loosing a car is no big deal!

But house, NO. Always go way below what you can afford. You can’t afford to loose a house in bad times. Imagine having no roof for your family!

I know many bash TS for the ambitious take on the house BUT ...

our of curiosity, I wonder if most preach here stand by the 25% rules when they FIRST bought the house at that POINT in time ?

I bought PRIMA/RUMAWIP at salary around 5k plus I think w/o any commitment beside CC bills ..

In the end, it boils down to how comfortable TS willing to sacrifice to pay for the house ..

old school mindset, ignorant

not educated to know msia property prices priced in msia over-ambitious (unrealistic) growth

8500 buy 450k to 500k house safer my friend.

the past few days i came across some 'ok' priced condo / service apartment in PJ area - freehold somore thats well priced. you can check them out.

d'aman crimson

kelana sentral

i think starts with RM3xx ,xxx

question depends on commitment as well as where you stay.

270-280k can get 2 storey landed house in Klang dey!

U sini mari lah!!

Don't push yourself to the corner.
No new house can't kahwin ke?

probably will die, when gov decided to hike interest rate...

Less than 20% is ideal

For car, less than 10%

This post has been edited by kitzai: Mar 8 2023, 09:48 AM

10k gross, 400k max if you still want to have a life and children.

700k possible if 10k above, or dual income.

Anything less is suicide. Just rent a room

me + wifey 11k++ gross, bought 550k condo, also feel the pinch d, cannot imagine 8.5k buy 700k house, unless that person is flipper, but got RPGT d, flip still can earn meh?can hold so long until property increase in selling price?

After buy, need to try and look for job change or salary increase somehow
Else really a pinch.

selangorku rm170K kan ada

Lets wait for higher salary...

5 years later .. Condo starts from 750k

wont die

janji makan roti daily lel

even buying menu rahmah is pushing the limits

so make sure just eat roti

cc patiencegnr shing3e doomsday

if got 30% downpayment no problem buy such property la

Me 7k bought 700k haus. Amacam

Sentosa not for other race live one. Only particular.

Ooowaaiiii

Buy a villa also can.

Aiyo. Then kapar, meru, still got cheap2 landed cha!!

Mari3 😎👍🏼💪🏼

Kelana sentral try to avoid

They use that blue piping one then on middle floor of building dont have break pressure water tank.

Deswai 3-5th floor pipe always burst from time to time

The commercials down there is dead and most of the commercial lot dont pay their maintenance fee.

Thats why the building is struggling to maintain itself what more repaint the old outdated pastel color building

no wonder so cheap la the Kelana Sentral

try empire damansara or empire city

all in no ragrats

Chaaa bandar putri chaaas migrate to there liao

lol me 7k+ celery boughted 850k house years ago, haven't die yet