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 ASB loan, worth to get it???

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PropertyNewB
post Nov 21 2016, 09:29 AM

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Hi, I want to ask is it possible for me to get asbf 200k if I got no salary/income? I have a company and it's making about 20-30k sales per month. Can I use my company to get the loan instead?
PropertyNewB
post Nov 30 2016, 01:57 AM

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QUOTE(POYOZER @ Nov 29 2016, 08:54 PM)
Just wondering how much is the minimum nett income to really afford Rm200k loan with comfort.
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3k would be great assuming no property yet. Monthly installments around 1.1k that would leave u with balance 1.4k +- after minus epf & socso. Just gotta suffer the first few years and after 3-5 years repeat the process and u'll see some gains.


PropertyNewB
post Nov 30 2016, 09:40 AM

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QUOTE(annas473 @ Nov 30 2016, 09:32 AM)
For my case, still can't afford because house + car.

Unless got wife support then binggo.
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I guess can go for lower amount like 50k then follow up by another next year and so on. The return is still good as long as it doesn't go below 7%.

 

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