Investment Could I buy an RM 150K apartment with just RM 5K, RM 5K of downpayment - Future Plannings
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 Apr 11 2009, 01:23 PM
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#1
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Senior Member
4,156 posts Joined: Jan 2003 
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with the 4k salary(no commitment), can i get a 230k loan repayment in 30y?
wat about the epf? how many % can withdraw from account 2 for house d/p? This post has been edited by jam_lennon: Apr 11 2009, 01:24 PM |
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Apr 11 2009, 06:36 PM
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#2
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Senior Member
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QUOTE(hacker6280 @ Apr 11 2009, 01:41 PM) Loan Amount $230,000 woot, thanks for the info, however, i dun think i could get 1.6k, as 4k is my gross income, 3.4 is my nett incomeAnnual Interest Rate 3.55% Term Length (in Years) 30 Payment $1,039.23 You afford up to RM1600 monthly instalment now. you can loan this amount as below. Loan Amount $350,000 Annual Interest Rate 3.55% Term Length (in Years) 30 Payment $1,581.44 For the EPF, i dunno, coz im not working in Malaysia since after graduate, dunno anything about it XD  if not wrong, we're not allow to have more than 1/3 of our nett income, dont we? 1.6 x 3 = 4.8 which quite a number become my nett income |
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