Asked by Mr. Edmund Han
Hi , would like to ask regarding purchasing a second property in jb. Currently 1st house is under my mother n my name with a monthly payment of rm 755. And my car loan amount of rm 560 monthly will settle in dec 2014. Recently , my wife n i spotted a unit of new double storey house from developer, the price is 413.8k and require 10% down payment cost 41k. Is possible bank can get 90% margin? Our monthly gross income is $2.9k My monthly commitment for 1st house rm 755 and rm560 for car which end dec 2014. Meanwhile my wife doesn't have any commitment rite now. My period of working jus 6 month while my wife is 24 month Can we get bank approval?
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