how to count monthly payment?, help me please
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 Sep 22 2008, 11:56 AM, updated 18y ago
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#1
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Senior Member
5,580 posts Joined: Jan 2005 
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hi guys,
let say i buy a house worth RM150k and loan for 30 years, how to calculate the monthly installment? as for interest rate, i am not sure how many percent for house loan. Could you help me on this? |
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Sep 22 2008, 12:01 PM
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#2
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Senior Member
5,580 posts Joined: Jan 2005
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QUOTE(Lord_Ashe @ Sep 22 2008, 11:58 AM) When you apply for a loan from the bank, they'll have the handy calculator which takes into account the interest rate etc etc. Just walk into any bank to find out. the problem is i need to budget first before go to bank. from that, at least i have rough amount. to calculate house loan, is it same as car loan? x% * y years + 1 * v value / (y*12) ..  ..This post has been edited by Seng_Kiat: Sep 22 2008, 12:02 PM |
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