02/12/2021
5 mins readingโ๏ธ
https://www.facebook.com/934064990129888/posts/1807431779459867/
[5 mins reading]
๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐ ๐๐ ๐๐๐๐ ๐
๐๐๐๐๐๐๐๐?
There are ๐ ๐๐๐๐ ๐๐๐๐๐๐ you need to know and to calculate before buying a house and submit your documents to the Bank for the home loan application.
๐ # ๐๐๐๐๐๐
Income not only based on the salary but also can consider from your savings or loan from ASB (if Bumi). By calculated an average of 5% dividend from the total savings in ASB or total ASB loan then divided by 12 month, you can get the extra income from there automatically (example as below). If you're renting out your house, the rental also consider by Bank as an extra income.
๐ป๐ถ ๐ช๐จ๐ณ๐ช๐ผ๐ณ๐จ๐ป๐ฌ ๐จ๐บ๐ฉ ๐ฐ๐ต๐ช๐ถ๐ด๐ฌ:
๐๐๐ก๐๐ ๐ ๐๐ฃ๐๐๐๐ ๐๐ ๐ด๐๐ต ๐ถ๐น ๐๐๐ก๐๐ ๐๐๐๐ข๐๐ก ๐๐ ๐ด๐๐ต ๐๐๐๐ ๐ฅ 5% ๐๐ฃ๐๐๐๐๐ ๐๐๐ฃ๐๐๐๐๐ ๐๐ธ๐ด๐
๐ฟ๐ = ๐
๐๐๐๐๐ ๐ฆ๐๐๐๐๐ฆ
๐
๐๐๐๐๐ ๐ฆ๐๐๐๐๐ฆ / 12 ๐๐๐๐กโ๐ = ๐
๐ # # # ๐๐๐๐กโ๐๐ฆ (๐กโ๐๐ ๐๐ ๐กโ๐ ๐๐๐๐๐๐ ๐๐๐๐ ๐ด๐๐ต)
๐ฌ๐ฟ๐จ๐ด๐ท๐ณ๐ฌ ๐ถ๐ญ ๐ป๐ฏ๐ฌ ๐ช๐จ๐ณ๐ช๐ผ๐ณ๐จ๐ป๐ฐ๐ถ๐ต:
๐
๐100,000 ๐ก๐๐ก๐๐ ๐๐๐๐ข๐๐ก ๐๐ ๐ด๐๐ต ๐๐๐๐ ๐ฅ 5% ๐๐ฃ๐๐๐๐๐ ๐๐๐ฃ๐๐๐๐๐ ๐ฆ๐๐๐๐๐ฆ = ๐
๐5,000 ๐ฆ๐๐๐๐๐ฆ
๐
๐5,000 ๐ฆ๐๐๐๐๐ฆ / 12 ๐๐๐๐กโ๐ = ๐
๐416.67 ๐๐๐๐กโ๐๐ฆ (๐กโ๐๐ ๐๐ ๐กโ๐ ๐๐๐๐๐๐ ๐๐๐๐ ๐ด๐๐ต)
๐ # ๐๐๐๐๐๐๐๐๐๐
Normally, when you hold the salary slip, you can see the deductions part on your right or below salary slip such as deduction of income tax/PCB, EPF, SOCSO, EIS, Zakat and others. These things are called deduction = the things that can't reimburse back into your salary or Bank's account. For government servant, please remember the deduction of '๐๐ข๐ง๐ฃ๐๐ฆ๐๐ง ๐๐๐ซ๐ฎ๐ฆ๐๐ก๐๐ง' is fall under '๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐ข๐ญ๐ฆ๐๐ง๐ญ๐ฌ' instead of 'deductions'.
๐ # ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐
You need to list down all your current commitment first before searching the house to buy especially the monthly installment of your current house, hire purchase (car or motorbike), personal loan, credit card, PTPTN and Ar-Rahnu.
๐๐๐๐๐๐๐๐, the first thing the Bank will do after received the completed documents for home loan application is to check your Debt Service Ratio (DSR). Please make sure the ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐% from the total nett income in order to pass for the first stage.
๐ป๐ถ ๐ช๐จ๐ณ๐ช๐ผ๐ณ๐จ๐ป๐ฌ ๐ต๐ฌ๐ป๐ป ๐ฐ๐ต๐ช๐ถ๐ด๐ฌ:
๐๐๐ก๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐ (๐๐๐๐ ๐ ๐ ๐๐๐๐๐ฆ + ๐ด๐๐ต ๐๐๐๐๐๐ + ๐ก๐๐๐๐๐๐ฆ ๐๐๐๐๐๐) - ๐๐๐ก๐๐ ๐๐๐๐ข๐๐ก๐๐๐๐
๐ป๐ฏ๐ฌ ๐ญ๐ถ๐น๐ด๐ผ๐ณ๐จ ๐ถ๐ญ ๐ซ๐บ๐น:
[(๐๐๐ค ๐๐๐๐๐๐ก๐๐๐๐ก๐ + ๐๐๐ก๐๐ ๐๐ข๐๐๐๐๐ก ๐๐๐๐๐๐ก๐๐๐๐ก๐ ) / ๐๐๐ก๐ก ๐๐๐๐๐๐] ๐ฅ 100%
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