Originally Posted by michaeljordan321

hi all, first post seeking for advice. 31 years old this year, earning 30k a month. total 360k a year.

is it true that maximum i should pay is 5x 360k for a condo?

which is around 1.8m and i should not stretch further? i think i can pay off the condo within 6 years by putting 200k per year into the house with 500k down payment.

i got no car. work from home and usually take bus and mrt. currently got 500k of savings.