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 Want to buy a landed property, Help Needed

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gkl83
post Jul 31 2008, 07:35 PM

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QUOTE(hoilok @ Jul 31 2008, 03:14 PM)
1k per month  will be =  to 360k in u take  30 years loan  , and also
be  careful of this zero %  downpayment thing ...it will end up suck ur money more
*

are u sure about ur calculation?
mine RM289k loan @ 35 years @ 5.4% fixed interest...
end up around RM1500 per month...

for TS:
if u able to hook out RM1k per month for house installment...
that is RM200k loan from bank for 3 years and fixed 5% interest... RM1073.64 per month
means u able to buy the house worth RM222k... and RM22k for deposit...

This post has been edited by gkl83: Jul 31 2008, 07:44 PM
gkl83
post Jul 31 2008, 10:57 PM

Look at all my stars!!
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Senior Member
8,377 posts

Joined: Nov 2004
QUOTE(mIssfROGY @ Jul 31 2008, 10:47 PM)
rm200k loan for 3 years pay only rm1073 permth? Did i see wrongly? Total repayment for that 3 years only around rm40k woh. blink.gif U mean 30 years rite?
*
typo... sorry... tongue.gif
is 30 years...

in fact my calculation is correct, i use the microsoft excel formula which created by my banker... smile.gif
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