Keep these 7 rules in mind
Rule No.1
KNOW how much your rate.
Rule No. 2
INTEREST RATE is calculated BLR/BFR plus/minus x%.
x is the rate given by the bank.
Rule No. 3
There will be FEES - lawyer fees, developer fees, surveyor fees & others.
Rule No. 4
DO your HOMEWORK on home loans and learn how they work.
Rule no. 5
READ the fine print.
Rule no. 6
ASK questions, negotiate if necessary and get everything in writing.
Rule no. 7
PAY OFF you loan as quickly as you can to save on interest.
source from RinggitPlus.com
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