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hi im 25y/old with a monthly income of rm2300. im planning to buy a new freehold apartment/house. may i know what is the range value of house that i can buy ?
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<en>David</en> <en>Wong Lai Kwong</en>
You may borrow RM150,000 to RM170,000 from the bank with RM800+- monthly instalments for 30 years maximum. The guide is one third of your gross income. The bank will only lend 80% or 90% of your property price so you must make provision to pay the difference down payment either from your savings or EPF or both. You need to make provision for 3% to 5% for lawyers fees for SPA & loan agreement and stamp duty etc. Maklumat lanjut
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