Asked by Anonymous
I would like to know if I'm eligible to take a housing loan of RM500k for purchase of the second house (I'm trying to sell off my current house and want to secure for a new property to relocate). Here are the scenarios:
1) Monthly commitment RM2000 if included first house
2) joint account with wife
3) clear all commitment and left one hire purchase RM730
4) have 2 kids
5) total net monthly income is RM 6000
6) we have some cash to cover the cost for purchasing the RM500k property inc 10% & MOT
Anybody could advise if we are eligible to buy or have to sell the house first?
1) Monthly commitment RM2000 if included first house
2) joint account with wife
3) clear all commitment and left one hire purchase RM730
4) have 2 kids
5) total net monthly income is RM 6000
6) we have some cash to cover the cost for purchasing the RM500k property inc 10% & MOT
Anybody could advise if we are eligible to buy or have to sell the house first?
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